LifePolicyFactsPricing unpaid work
Enter weekly hours for each job and the hourly cost of paying someone else. The yearly total is a guide to the cover a household might want.
Example
49 hours a week at 18 an hour comes to 45,864 a year. Multiply by the years until the youngest child is independent to size a starting figure.
Frequently asked questions
Which rate should I use?
Use local rates for childcare or home help in your area.
Is this the same as salary?
No. It is a replacement cost, not income.
FA
Written and reviewed by Fawad Alam, Founder and Editor. Last updated October 2026. How we write.