Estimate your term-life and health-insurance coverage needs using your own financial inputs and assumptions.
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Insurance Coverage Calculators
Calculate your exact coverage need — free, instant, no signup
🛡️ How Much Insurance Do You Actually Need?
Most Indians have either no insurance or are significantly underinsured. Use these calculators to find your exact gap.
How it's calculated: We use the Human Life Value (HLV) method: the present value of the income your dependents would lose over your remaining working years to age 60, plus your outstanding debts, plus an inflation buffer — less any cover you already hold. Because it counts the years you have left to earn, your age materially changes the figure: the same income needs far more cover at 30 than at 55.
🛡️ Term Cover Analysis
Recommended Cover
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Income Replacement (20x)—
Debt Clearance Buffer—
Inflation Adjustment—
Existing Cover—
Your Insurance Gap—
Suggested Policy Term—
Adjust the sliders to see your personalised recommendation.
Illustrative estimate — not investment advice. Disclosure.
⚠️ This calculator provides an estimate based on the Human Life Value method. Actual cover should be decided in consultation with an IRDAI-registered financial advisor considering your specific situation.
Why this matters: Medical costs in India have historically risen faster than general inflation. A plan that feels adequate today may be insufficient in a few years. This calculator factors in your city, family size, and age.
No
Yes (Diabetes/BP/Heart)
🏥 Health Cover Analysis
Minimum Cover Needed
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Base Cover (City-adjusted)—
Family Floater Multiplier—
Age Loading—
Pre-condition Buffer—
Existing Cover—
Coverage Gap—
Adjust inputs to see your personalised health cover recommendation.
Illustrative estimate — not investment advice. Disclosure.
💡 Consider a Super Top-Up plan to enhance coverage cost-effectively. It provides high cover at low premium by activating only after your base policy limit is exhausted.
Know Your Options
Term vs Endowment vs ULIP — Which is Right?
This is the most common confusion for Indian investors. Here's the honest breakdown.
🛡️
Term Insurance
Pure life cover — a sum assured at a comparatively low premium, since there's no savings or investment component. No maturity benefit if you survive the policy term.
Illustrative example: roughly ₹700–₹900/month for ₹1 Crore cover at age 30 — actual premiums vary by insurer, health and other factors
Combines insurance with a savings component. Returns depend on guaranteed benefits, bonuses where applicable, premiums, policy term and maturity benefits. Compare the policy's expected IRR, insurance cover, liquidity and costs with alternatives.
Unit Linked Insurance Plan — mixes insurance with market-linked investment. Returns depend on fund performance, and charges (premium allocation, fund management, mortality) reduce the net return; compare the charge structure and lock-in against separate term insurance and mutual fund investing.
Market-linked returns potential
Tax benefits under 80C and 10(10D)
Charges reduce effective returns relative to the gross fund performance
Bundles insurance and investment into one product with a lock-in, which some investors prefer to keep separate
Medical costs in India have historically risen faster than general inflation, and a single hospitalisation without cover can have a significant financial impact. Most households consider a family floater plan an important part of their financial plan.
* This report is for informational purposes only and does not constitute financial advice. Returns are estimated and not guaranteed. Past performance is not indicative of future results. Please consult a SEBI-registered financial advisor before investing.
