| Particulars | Amount |
|---|---|
| Total Monthly Outflow | |
| Personal Expenses | |
| EMIs | |
| Monthly Family Living Expenses | ₹ 45,000 |
| Total Liabilities as of date | |
| Existing Life Insurance (if any) | |
| Financial Assets | |
| Life Expectancy (years) | |
| Current Age of Dependant* | |
| Years left to provide for | 55 |
| Total Cover Required | ₹ 17,689,538 |
| Additional Cover Required | ₹ 2,689,538 |
*Youngest of all in case of more than one dependant
| Coverage Adequacy Analysis: | |
|---|---|
| Current Status | UNDER-INSURED |
| Typical Premium Range for Required Cover (Approx) | ₹ 44,223.84 |
| Assumed Annual Premium per Rs 1 lakh cover | |
| Underlying Assumptions for PV Calculation | |||
| Inflation Rate: | % | Return on Investment: | % |
Life Insurance Cover
Enter your monthly personal expenses, existing insurance cover, and the current age of dependents to estimate the life insurance protection your family may need.
The tab calculates the total cover required, compares it with your current cover, and estimates the additional coverage and approximate premium needed to adequately protect your dependents.
The tab calculates the total cover required, compares it with your current cover, and estimates the additional coverage and approximate premium needed to adequately protect your dependents.