Insurance Coverage Gap Calculator

Estimate whether current insurance coverage leaves a financial gap after premiums, fees, and stress assumptions.

Insurance coverage gap analysis

Compare current coverage against Korean life-stage recommendations across life, indemnity, cancer, disease, accident, driver, pension, and child insurance.

Overall score

0/100

매우 위험

Life stage

기혼 영유아자녀

Current policies

0

Coverage gaps

8

5 critical

Current monthly premium

₩0

Estimated added premium

₩125,500

Uses the Korean coverage-gap engine with life-stage, gender, job-risk, income-multiple, coverage-weight, and premium-adequacy logic. This English finance calculator calls the same Korean pure calculation module as the Korean page. KRW and Korean statutory thresholds are preserved instead of the old generic percentage stub.

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Insurance coverage gap guide

This English guide translates the Korean insurance coverage-gap calculator. The calculator calls calculateInsuranceCoverageGap and preserves life-stage, income, gender, job-risk, coverage-weight, and premium-adequacy logic.

Coverage categories and weights

The Korean engine evaluates eight categories: life, indemnity, cancer, disease, accident, driver, pension, and child insurance. Its scoring weights include life insurance weight 0.20, indemnity weight 0.20, cancer weight 0.20, disease 0.10, accident 0.10, driver 0.05, pension 0.10, and child 0.05.

A missing indemnity policy can create a large gap even when death coverage is high, while a driver policy has lower weight but can still matter for households that drive frequently. The result is therefore a balanced coverage check rather than a single premium-to-income ratio.

Life stage, income multiple, and gender adjustment

The recommended life coverage depends on life stage, marital status, children, and income multiple. A household with dependent children generally needs a higher death benefit than a single household with no dependents.

Cancer coverage also uses health-risk adjustment. The Korean model keeps the female cancer coverage multiplier 1.2, so recommended cancer coverage can be higher for female users under the same income and life-stage inputs.

Premium adequacy and recommendations

The premium adequacy module compares total monthly premiums with annual income in manwon units and highlights whether the household may be underinsured, reasonably covered, or overpaying for overlapping products.

Recommendations are generated by category, gap amount, gap rate, risk level, and estimated additional premium. Use them to prioritize the largest protection gaps first instead of buying every missing category at once.