Insurance
Term Cover Calculator — Estimate in Seconds
How much life cover your family actually needs — income replacement plus debts.
₹18 L
₹1 L
₹18,00,000
₹10 Cr
18
32 years
65
₹40 L
₹0
₹40,00,000
₹20 Cr
₹30 L
₹0
₹30,00,000
₹20 Cr
₹15 L
₹0
₹15,00,000
₹50 Cr
₹0
₹0
₹50 Cr
Cover you need
₹3,10,00,000
- Income replacement78%
- Loans12%
- Goals9%
- Income replacement
- ₹2,52,00,000
- Loans to clear
- ₹40,00,000
- Future goals
- ₹30,00,000
- Less: existing assets & cover
- ₹15,00,000
- As a multiple of income
- 17.2x
What this means.A pure term plan for ₹3.1 crore at your age typically costs ₹15,000–₹30,000 a year. Anyone selling you an "investment plan" with life cover is selling you roughly a tenth of the cover for ten times the premium.
Worth knowing.Results are estimates based on the assumptions you enter. Actual outcomes depend on the exact terms offered to you, the compounding convention your institution uses, and tax law as it applies to your situation. Nothing here is personalised advice.
Your data stays with you
This calculator runs entirely in your browser. Your income, loan amount, salary and any other figure you type is never transmitted to Credsir or anyone else. Nothing is stored, logged or shared.