CheckYourPremium logo

Life Insurance Cover Calculator

Find out exactly how much life insurance cover your family needs to maintain their current lifestyle.

Your Details

₹8.0L
₹1.0L₹1.00 Cr
30 yrs
18 yrs60 yrs
60 yrs
50 yrs70 yrs
₹20.0L
₹0₹1.00 Cr
₹40,000
₹10,000₹3.0L
1
04
₹5.0L
₹0₹1.00 Cr

Recommended Cover

₹2.13 Cr

Life insurance cover you should have

How We Calculated

Income Replacement

70% × ₹8.0L × 30 yrs

+₹1.68 Cr

Outstanding Loans

Clears all your debts

+₹20.0L

Children's Education

₹20L × 1 child(ren)

+₹20.0L

Emergency Fund

2 years of expenses

+₹9.6L

Existing Cover (−)

Already covered

₹5.0L

Recommended Cover

₹2.13 Cr