A is primary income corpus, B liabilities, C spouse income corpus, D and E are children's marriage goals, F and G optional extras, H existing life cover, I usable assets. Net additional cover = sum of needs minus cover and assets.

Enter today's estimated cost and years until the event. The calculator inflates the amount to the goal year and discounts to present value at your expected return.

If both incomes support household expenses, each earner's HLV should be assessed. This calculator models primary and spouse income replacement in one view.

No. This is for life insurance need only. Health, disability and critical illness policies address different risks.

Add outstanding loans, years of income replacement, children’s education/marriage goals and other needs, then subtract existing cover and liquid assets (A+B+C… method in this tool). Output is a planning estimate, not a product recommendation.

Multiples of income are rough thumb rules. Goal-based need (liabilities + future expenses − assets) is usually clearer for Indian families with education and housing goals. Revisit cover after major life events.

Enter spouse earning capacity as a reduction in income-replacement need if appropriate, and subtract existing life cover under assets/cover fields. Health riders are separate from pure term sum assured.