Find out exactly how much term insurance you need to fully protect your home loan — so your family never loses the house.
Outstanding Loan Balance
₹50.0L
EMI: ₹43,391/month · 20 years remaining · ₹₹54.1L future interest
Option 1: Level Term Plan
₹50.0L
Fixed cover for 20 years
Recommended: covers loan + leaves surplus for family
Option 2: HLPP (Reducing Cover)
Reducing
Cover reduces as loan reduces
Cheaper but no surplus for family after loan
Agent Recommendation
Level term plan is better value. For just ₹136/month more than HLPP, your family gets the full ₹50.0L — enough to clear the loan AND have money left over. Banks often push HLPP (which benefits the bank) — always compare both options with your agent.