Disability Insurance Gap Calculator
Compare a target disability benefit and essential expenses against existing cover, waiting period, and emergency fund. Planning estimate only.
Enter Your Values
Using shared profile · 3,500/mo · EUR — edit on Dashboard
Results update automatically as you change values.
What-If Scenarios
Results update instantlyCost Breakdown
Monthly Disability Cover
Click chart to expand
Scenario Analysis
How the outcome shifts if your assumptions turn out better or worse than expected.
Optimistic assumptions
At stated inputs
Pessimistic assumptions
Compare Scenarios
Pin up to 3 and see them side by sideSet your inputs, then Pin current to save this scenario. Pin a few variations to compare their scores and outcomes here.
What Moves the Needle Most
How much each factor changes your Monthly Planning Gap across its full range. Essentials has the biggest impact.
Focus your attention on Essentials — getting it right matters most. Factors lower down move the result less, so rough estimates there are fine.
Confidence & Assumptions
The outcome shifts meaningfully with your assumptions. Sensible, but revisit the key inputs.
Monthly Planning Gap: €3,840 (worst) → €3,200 (expected) → €2,720 (best)
These are the estimates the result depends on. Adjust them (and the Advanced inputs) to match your real situation — the closer they are to reality, the more reliable your decision.
These estimates are for informational purposes only and do not constitute financial advice. Actual results may vary based on factors not captured in this calculator.
How This Calculator Works
What this calculator does
See whether a target disability benefit and essential expenses are covered by existing benefits, and how long your emergency fund lasts through the waiting period.
How the calculation works
Target benefit is income × benefit %. Planning gap is the larger of the income-target gap and essentials gap. Waiting cost = essentials × waiting months, minus the emergency fund.
Formula
Planning Gap = max(Target − Existing, Essentials − Existing) Waiting Shortfall = max(Essentials × Waiting Months − Emergency Fund, 0)
Example
€4,500 income at 60% targets €2,700/mo. With €0 existing and €3,200 essentials, the planning gap is €3,200. Three waiting months cost €9,600; a €10,000 fund nearly covers it.
How to Use This Calculator
- 1Enter your numbers
Fill in the inputs for Disability Insurance Gap Calculator. Defaults are realistic starting points — replace them with your actual figures.
- 2Understand the calculation
Target benefit is income × benefit %. Planning gap is the larger of the income-target gap and essentials gap. Waiting cost = essentials × waiting months, minus the emergency fund.
- 3Review results and scenarios
Check metrics, cost breakdown, comparison tables, and best / expected / worst scenarios. Use sliders to stress-test assumptions.
- 4Decide with the verdict
Read the decision engine recommendation and FAQ. Example: €4,500 income at 60% targets €2,700/mo. With €0 existing and €3,200 essentials, the planning gap is €3,200. Three waiting months cost €9,600; a €10,000 fund nearly covers it.
Factors to Consider
- Own-occupation vs any-occupation definitions
- Tax treatment of benefits
- Employer short-term disability
- How long you can truly live on essentials
Common Mistakes
- Assuming group cover is enough without checking %
- Ignoring the waiting period cash crunch
- Using gross income when expenses are net
Frequently Asked Questions
What benefit % is typical?+
Many individual policies replace about 50–70% of income. Use your quote’s percentage if you have one.
Is this advice?+
No. It is a cash-flow planning estimate. Policy definitions and eligibility need a licensed review.
This calculator provides estimates for informational purposes only and does not constitute financial, investment, tax, or legal advice. Always consult a qualified professional before making important financial decisions.
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