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Registration: Rahul Karandikar | Honworth | AMFI Registered Mutual Fund Distributor | ARN-336150

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Home/Library/Life Cover Estimator

Calculators

Life Cover Estimator

Term insurance is the most cost-efficient way to protect your family's financial future. Use this tool to get a rough, illustrative sense of the cover range that families in similar situations often consider — based on your income, liabilities, and the number of years your dependents need support. For full protection planning, the numbers here are a starting point, not a final answer.

Rough illustrative estimate only — based on general thumb-rules, not personalised advice. Actual cover needs depend on your full financial situation. No specific insurer or product is referenced here.

Life Cover Estimator

₹
₹1,00,000₹1,00,00,000
₹
₹0₹5,00,00,000
010
yrs
1 yrs40 yrs

Range often considered by families in similar situations

₹1.50 Cr–₹2.90 Cr

This range is a rough estimate — not a recommended amount. Actual needs vary.

Conservative estimate basis:50% income replacement + liabilities

Higher estimate basis:100% replacement + liabilities + dependent buffer

Illustrative range

₹1.50 Cr (conservative)₹2.90 Cr (higher)

Want help turning this into a real plan?

Start a conversation →