Term Insurance Coverage Calculator
Find the right term insurance cover for your family. Use our calculator to estimate the ideal life coverage based on your income, expenses, debts, and future financial needs.
Calculate Your Term Insurance Coverage
How the Calculator Works
Human Life Value Method
Calculates coverage based on your income and expenses.
Multiplier Method
Uses 10-15 times your annual income as a base.
Needs-Based Method
Accounts for debts, education, and future needs.
Factors That Affect Your Coverage Amount
Annual Income
Higher income typically requires higher coverage to maintain lifestyle.
Outstanding Debts
Include home loans, car loans, and other liabilities.
Number of Dependents
More dependents means more coverage needed.
Children's Education
Plan for future education costs of your children.