Function  Description
 
Quick Life Insurance Needs Estimator  A quick estimator of the amount of life insurance coverage that would be needed. (Note: As the name indicates this is a quick estimator and should not be assumed to be an analysis.)

This type of quick estimator is frequently used on internet sites that offer insurance for sale but should not be regarded as an analysis. For analysis functions of life insurance needs, use either the "Step-by-Step Life Insurance Needs Analysis" or the "Ledger-Style Life Insurance Needs Analysis" functions listed below.
 
Step-by-Step, Life Insurance Needs Analsysis  Wizard guided, step by step analysis of life insurance needs, including needs for income, lump sum funding, etc. This function also provides explanation of the numerous aspects that need to be taken into consideration in order to properly assess the amount of life insurance needed. This is the type of analysis that should be expected by consumers before making life insurance buying decisions.

This, as well as numerous other LifeGuide® professional tools is used by thousands of professional consumer-service-oriented financial advisors.
 
Ledger Style
Life Insurance Needs
Analysis 		 Comprehensive and detailed life insurance needs analysis. Similar in content and depth of scope to the "Step-by-Step" life insurance needs analysis, however, presented in a single ledger summary format.

This, as well as numerous other LifeGuide® professional tools is used by thousands of professional consumer-service-oriented financial advisors.
 

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Additional information from revenue Canada