Protect family · Free educational tool
Life Insurance Adequacy Calculator
Estimate family income support, liabilities and future goals, then compare the need with usable assets and existing life cover using a transparent needs-based framework.
Built for Indian investorsInstant resultsNo sign-up requiredAssumptions remain editable
Estimate what your family may need
Family and future assumptions
Your educational protection estimate
Based on 3 dependents and 15 years of support
See what changes the result
15 years of family support
Shows why realistic spending matters
Usable assets can reduce the gap
In simple words: higher family spending or longer support usually raises the need. More genuinely usable assets can reduce it.
Insurance and investment solve different problems
Replaces financial support after a death.
Builds money for future goals.
Handles short-term financial shocks.
Helps with medical-cost risk.
How is this calculated?
The calculator estimates household expenses not covered by spouse income for each future year, allows for inflation, and discounts them by the return assumption. It then adds loans and goals, and subtracts usable assets and existing life cover. It does not use a one-size-fits-all income multiple.
Calculations are illustrative and intended for educational purposes only. Actual investment returns, inflation, taxation, costs and financial outcomes may differ materially. Nothing on this page constitutes investment, tax, legal or insurance advice. If you discuss an output on WhatsApp, do not share PAN, OTP, bank-account or transaction details. Read full disclaimer.
How to use this result
Understand the drivers—not only the final number.
Income support is the present value of annual household expenses not covered by spouse income, growing with inflation and discounted by the assumed investment return. Liabilities and goals are added; usable assets and existing cover are deducted.
- Insurance transfers catastrophic financial risk; it is not a return forecast.
- Existing usable assets can reduce the estimated gap.
- Nominees, policy terms, health disclosures and insurer underwriting remain essential.
Learn more about this decision
Continue with the relevant framework.
Calculator FAQs
Short answers before you rely on the result.
How much life insurance is enough?
A needs-based estimate considers income support, liabilities and goals, less usable assets and existing cover. The result changes with every assumption.
What is Human Life Value?
It is a broad framework for estimating the economic value of future income or family support that could be lost on premature death.
Should existing investments reduce insurance needs?
Usable, liquid assets intended for family support may reduce the gap. Assets needed for another purpose or difficult to sell may not be fully available.
Should insurance be used for investment?
Protection and wealth building solve different problems. Combining them can make cost, cover and return comparisons harder, so each objective should be evaluated separately.