Calculate your additional cover

Once you have used the Insurance calculator to determine the amount of cover you need and any shortfall use the table below to help you calculate the cost of having additional insurance cover.

You can enter the values directly from the calculator into Step 1, 2, 3 and 4 below.

Step	Questions to consider	Example	Your Calculation
1	Total required cover	$650,000 (A)	$
2	Current cover with Catholic Super	$90,000 (B)	$
3	Current cover not with Catholic Super	$50,000 (C)	$
4	Death & TPD cover shortfall (additional cover required)	$510,000 (D)	$
5	If you have a shortfall, calculate how much this additional insurance will cost you by dividing the shortfall by $1,000 and then multiply this amount by the annual cost for your age (use the Build Your Own Cover Scale). For example, a 40 year old with a shortfall of $510,000 will need 510 additional units of cover and will pay $0.83 per annum for every $1,000 of insurance.	A – B – C = $510,000 (D) cost is: $510,000/1,000 =510 x $0.83 = $423.30	$