Find out exactly how much term insurance you need. Based on income replacement + liabilities method used by certified financial planners.
Spouse, children, parents who depend on your income
Recommended Term Insurance Cover
₹1.1Cr
Based on 18× income + ₹₹0 loans − ₹₹0 savings offset
Income Cover
₹1.1Cr
18× annual income
Loan Cover
₹0
Clear all debts
Est. Premium
₹720/mo
Non-smoker rate
Premium estimate for a 30-year-old non-smoker for ₹1.0Cr cover with 30-year policy term. Actual premium depends on health, smoking status, and insurer. Compare from 10+ insurers through an agent.
Income Replacement
Your family needs 18× your annual income to maintain their lifestyle for the next 30 years if you're no longer around.
Debt Clearance
All outstanding loans (home, car, personal) should be covered so your family isn't burdened with EMI payments.
Asset Offset
Existing savings reduce the cover needed — your savings provide partial protection already.