How it works
Term Insurance Need Calculator
Calculating the right term insurance cover ensures your family maintains their lifestyle and meets financial obligations if you are no longer around. A common mistake is underinsuring — most Indians carry less than half the coverage they actually need based on their income and liabilities.
This calculator estimates your ideal cover using the Human Capital method: it projects your remaining working years' income (adjusted for growth and inflation), then subtracts existing assets, current insurance, and investments to arrive at a gap. You can also factor in home loans, education goals, and emergency reserves to fine-tune the number.
Switch between three quick scenarios — Young Professional, Mid-Career Family, and Pre-Retiree — to see how your needs shift with age, income, and liabilities. All computations run locally in your browser; no data is sent to any server.