Calculator
Human Life Value Calculator
How much cover your family would actually need — sized against the income they would lose, not a round multiple chosen for convenience.
Your inputs
₹
₹1.00 L₹5.00 Cr
yrs
1864
yrs
3675
%
0%20%
%
1%Rate future income is valued back at20%
%
0%Excluded from the family's need70%
₹
₹0₹5.00 Cr
₹
₹0₹10.00 Cr
₹
₹0₹10.00 Cr
Additional cover needed₹2,03,12,362
- Human life value
- ₹2,33,12,362
- Gross need
- ₹2,73,12,362
- Already covered
- ₹70,00,000
- Earning years left
- 25
How the number is built
- Income your family would lose (present value)
- ₹2,33,12,362
- Liabilities to clear
- ₹40,00,000
- Existing assets
- ₹20,00,000
- Existing life cover
- ₹50,00,000
- Cover to arrange
- ₹2,03,12,362
For context, your undiscounted earnings to retirement come to ₹10.15 Cr. The cover figure is lower because money needed years from now is worth less today.
Future income is grown at your expected rate, reduced by what you spend on yourself, then discounted back to today. Summing undiscounted future income would overstate the need substantially.
Projections are illustrative and assume a constant rate of return. Actual returns vary and are not guaranteed. Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing.