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.