We are trying to evaluate the option for organising adequate insurance cover for me and my wife. I have tried many Insurance Calculators but still struggling to decide WHAT I ACTUALLY WANT/NEED? I would like to know if there is any model that suggests what levels of Term Life/TPD/Critical Illness/Income Protection insurances one would need. We have • investments properties with outstanding debt • little children And the questions that I try to find answers for are like the following: • Should surviving spouse have enough in lamp sum to pay off debt OR debt for IP’s should not be paid off if the Insurance provides for sufficient income (maybe 80% - 100% of current salary) to cover interest repayments So, what I’m really looking for is the STRATEGIES, rather than concrete advice for my case. I would than try to see how to select the most appropriate strategy and how to apply it. Any suggestions are very welcomed. Thank you.