Life Insurance Need Calculator
Calculate the exact term insurance cover required to replace your income, clear active debts, and secure your family's future milestones.
Calculate Required Coverage
Calculation Methodology
Human Life Value (HLV) Formula: (Annual Income × Replacement Years) + Total Outstanding Debt − Existing Financial Assets. This provides pure risk coverage without mixing investments and insurance.
Recommended Coverage
Advisory Assessment
A pure term insurance plan with a sum assured of ₹1,35,00,000 running for 35 years (until age 65).
Estimated Annual Premium: ₹15,000 – ₹20,000
Recommended Protection Architecture
- • Pure Term Plan: Low-cost, maximum coverage without investment lock-ins
- • Critical Illness Rider: Lump-sum payout against major health events
- • Accidental Disability Rider: Premium waiver or income replacement on permanent disability
- • Separate Insurance from Investment: Invest the premium difference into mutual funds
Need an Unbiased Review of Your Insurance Coverage?
Schedule a one-on-one consultation with Jasvinder Singh to evaluate your family's coverage requirements and eliminate expensive, low-yield policies.