Life insurance cover calculator
A needs-based estimate: we add up your family's future expenses, loans and goals, then subtract your savings and existing cover.
How the estimate is made
We take the present value of your family's monthly expenses (rising with inflation) over the support period, add outstanding loans and future goals, then deduct existing savings and life cover. The result is the additional term cover to consider.
Rule of thumb
Many planners suggest total cover of 10–15 times annual income. A needs-based method like this one is usually more accurate for your family's circumstances.
This calculator is for illustration only and is not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
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