Term Insurance Calculator: How Much Life Cover Do You Need?
Term insurance provides pure life cover at low cost, protecting your family’s financial future. This calculator estimates the ideal sum assured based on your income, debts and dependents.
Term Insurance Calculator
Estimate how much life cover your family would need using the Human Life Value method.
Share of income that's spent on yourself, excluded from what the family needs replaced
This calculator provides an approximate estimate for illustration purposes only, based on the assumptions you enter. Actual returns from mutual funds, PPF, pensions, and insurance products vary and are subject to market and product-specific risk. This is not investment, tax, or insurance advice — please talk to our team before making a decision.
Frequently Asked Questions
How much term insurance cover do I need?
A common guideline is 10-15 times your annual income, adjusted for outstanding loans and future family expenses — this calculator personalizes that estimate for you.
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