§ Calculator · Insurance
Human Life Value
What this is
Present value of your future income, less your own consumption — what your dependents would need to replace.
An alternative to DIME (debts + income × years + mortgage + education) for life-insurance sizing. HLV is income-replacement only — better for childless couples or singles supporting parents.
Years earning
30
Human Life Value
$1,234,828
Income replaced (net)
$63,000
Personal consumption typically 25-35% of income. Higher for singles, lower for parents with kids. The HLV number is what your death would 'cost' your dependents.
Disclaimer
Educational, not financial advice. Output is generated by an AI assistant using simplified assumptions. Tax rates, contribution limits, and benefit amounts change annually; confirm with a CFP, CPA, or the relevant Canadian regulator (CRA, FSRA, OSC, IIROC) before acting.