Life Insurance Need Calculator

Term life insurance should replace your income for your dependants, clear outstanding debts, and fund future goals. This calculator estimates the cover you need using an income-replacement method.

Annual income₹12.00 L

₹

Years to retirement25 years

Outstanding loans₹20.00 L

₹

Future goals corpus (education, wedding, etc.)₹30.00 L

₹

Existing life cover₹10.00 L

₹

Recommended cover₹2.00 Cr

Existing cover₹10.00 L

Insurance gap₹1.90 Cr

This calculator is for illustration only. Actual returns from mutual funds and market-linked investments are not guaranteed and depend on market performance. Please consult a SEBI-registered investment adviser before making investment decisions.