Term Insurance Calculator
Calculate ideal term insurance cover using income replacement & human life value methods. Estimate monthly premium.
Recommended Cover
₹2,54,33,120
17.0× your annual income
Est. Annual Premium
₹30,520
Est. Monthly Premium
₹2,543
Calculation Breakdown
| Income Replacement (10×) | ₹1,50,00,000 |
| HLV Method | ₹2,34,33,120 |
| (+) Outstanding Loans | ₹20,00,000 |
| (−) Existing Cover | ₹0 |
| Recommended Cover | ₹2,54,33,120 |
Premium is a rough estimate. Actual premium depends on health, lifestyle, and insurer.