Protection planning tool
Life Insurance Cover Calculator
Get an indicative coverage range based on your income, loans, dependents, children's education and future goals — after accounting for the insurance you already have.
- Suggested coverage range
- ₹1,40,40,000 – ₹1,96,00,000
- Income replacement period used
- 17–22 years
Indicative range using an income-replacement approach plus liabilities and goals, minus existing cover. Actual needs depend on health, lifestyle, assets and insurer underwriting. Not financial advice.
How the suggested cover is calculated
The calculator replaces your annual income for a period linked to the number of dependents, then adds current liabilities, the children's education requirement and other goals you want protected. Existing life insurance is subtracted to give a suggested range of additional cover.
Life cover protects the people who rely on your income. Pair it with health insurance and a broader financial plan so that savings stay on track if the unexpected happens.
Frequently asked questions
How much life insurance cover do I need?+
A common starting point is enough cover to replace several years of income, clear outstanding loans and fund key goals such as children's education, minus any cover you already hold. This calculator gives an indicative range on that basis.
Should existing insurance be counted?+
Yes. Existing life cover reduces the additional amount you may need. Check the sum assured and term of each policy you hold.
Is term insurance the only option?+
Term insurance is generally the most direct way to buy pure protection, but the right choice depends on your needs. Policy terms, exclusions and underwriting are set by the insurer.
Review Your Family's Protection
Talk to our advisors in Bareilly about the right level of life cover.