How much term cover do I need?

Estimate the life cover that would protect your family’s income and loans.

Your age

Annual income

Outstanding loans (home, car, personal)

Existing life cover

Savings and investments your family could use

How we estimate

A common guideline is life cover of about 15× your annual income at your age, so your family can replace your income, plus enough to close your loans. We subtract cover and savings you already have.

Suggested term cover₹1.50 crore

₹8,00,000 × 15 + ₹25,00,000 loans − ₹3,00,000 existing cover and savings, rounded up. An estimate only; your advisor will fine-tune it for your goals.

Get quotes for this cover

Calculators give general estimates only and are not a quote or an offer of insurance. Premiums and cover depend on the insurer, plan and your details. Insurance is the subject matter of solicitation.