| The number used in the calculation when using the Income Times Rule (tc=8) method from the Need Amount Basis lookup table. A figure from an income factor table that is used as a guide to help determine the maximum amount generally acceptable in relation to the earned income of an individual based on their age at the time of the app. For instance at age 30, a married individual with an income of $30,000 could apply for 30X their income for income protection, while an individual, same age, with no dependents, the guide suggests 15X their income for income protection. |