Income replacement need
Total cover need
Additional cover needed
Need already covered
Compare outputs within each unit group. Bars show magnitude; exact values include any negative sign. Each group uses its own scale.
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Educational estimate only
Estimate additional term cover from income replacement, outstanding liabilities, dependent goals and existing life insurance.
Educational estimate only
Results can vary based on company policy, lender terms, tax law, and personal assumptions.
Uses a human-life-value approach: income multiplied by the chosen replacement period, plus liabilities and dependant goals, less existing life cover.
Rs 12 lakh annual income for 15 years, Rs 30 lakh of liabilities and Rs 40 lakh of goals produces a Rs 2.5 crore need before existing cover.
No. It is an educational cover-gap estimate; affordability, health, insurer underwriting and policy terms also matter.
You may include it, but remember that employer cover can end when you change or leave a job.
