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Personal Finance Calculator →

Life Insurance Need Calculator

Estimate protection gap.

Required Cover₹3,10,00,000
Existing Cover₹20,00,000
Insurance Gap₹2,90,00,000

Life Insurance Need Calculator

6%
Cover you have₹20,00,000Cover you need₹3,10,00,000
Still short ₹2,90,00,000

Year by year

Value
Existing₹20,00,000
Gap₹2,90,00,000
Personal Finance

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Share the inputs and result with our team. We will call back with what changes once your risk profile, existing holdings and timeline are considered.

About this calculator

Use this calculator to estimate protection gap. It works from Annual Family Expense, Support Years, Liabilities and Future Goals, so you can adjust inputs and immediately see how the outcome changes.

  • Estimate the family protection gap after accounting for assets and existing cover.
  • Bring together expenses, liabilities, and future goals in one cover estimate.
  • Use it to sanity-check whether current term cover is enough.

This calculator is an illustration based on the inputs you provide and the assumptions stated above. It is not a recommendation, a projection of actual returns, or a guarantee of any outcome. Actual results will differ. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Curious how this looks on your portfolio?

Our team can run these numbers against your real holdings, goals and timeline.