Family Protection

Insurance Need Calculator

Calculate the right amount of life insurance coverage to protect your family's financial future.

Calculate Required Coverage

Annual Income ₹800000
Current Age 30 Years
Number of Dependents 3
Outstanding Loans ₹2000000
Existing Savings/Investments ₹500000
Years of Income Replacement 15 Years

How We Calculate:

Human Life Value Method: (Annual Income × Income Replacement Years) + Outstanding Liabilities - Existing Assets

Recommended Coverage

Income Replacement Need
₹1,20,00,000
Loan Coverage Need
₹20,00,000
Less: Existing Assets
₹5,00,000
Total Coverage Required
₹1,35,00,000

💡 Recommendation

We recommend a term insurance plan of ₹1,35,00,000 for 35 years (till age 65).

Estimated Premium: ₹15,000 - ₹20,000 per year

Types of Coverage

  • • Term Insurance (Pure protection)
  • • Critical Illness Rider
  • • Accidental Death Benefit
  • • Disability Waiver Premium

Need Help Choosing the Right Insurance?

Our experts will help you find the best term insurance plan for your needs.

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