Insurance NeedCalculator
A needs-based estimate of the life cover your family may require.
Your details
Drag the sliders or type a number — results update instantly.
You may need additional life cover of
₹0
That is about 14.3× your annual income.
- Family expense support
- ₹0
- Outstanding liabilities
- ₹0
- Future goals
- ₹0
- existing cover & savings
- − ₹0
What your family would need
- Family expense support75%
- Outstanding liabilities11%
- Future goals14%
- Less: existing cover & savings− ₹5.00 L
Assumptions & method
- Needs-based approach: present value of family expenses for the support period.
- Expenses rise at 6% a year; corpus earns 7% a year.
- Health, critical illness and disability needs should be assessed separately.
Calculations are illustrative and should not be considered financial advice.
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About this calculator
The needs-based approach asks a simple question: if your income stopped tomorrow, how much would your family need to maintain its lifestyle, clear its loans and still reach its goals?
It is a practical complement to Human Life Value and often the starting point for choosing a term plan.
Calculations are illustrative and should not be considered financial advice. Actual results may be higher or lower and are not guaranteed. Insurance is the subject matter of solicitation. For more details on risk factors, terms and conditions, please read the sales brochure and policy wording carefully before concluding a sale.
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