🎲 Fun & Lifestyle
Life Insurance Calculator
How much life cover do you actually need?
Enter values to see your result
Frequently asked questions
Term vs whole life?
Term = pure cover, no maturity benefit — cheapest way to get large sum assured. Whole life/endowment = cover + investment bundled. Term + separate investments usually wins long-term.
Who needs life insurance?
Anyone with financial dependants — spouse, children, dependent parents. Not needed if you have no dependants and adequate assets.
When to review?
Every 3–5 years, or on major life events: marriage, childbirth, home purchase, significant income change.
Is premium tax-deductible?
Yes — premium up to ₹1.5L under 80C (old regime). Payout to nominee is tax-free under 10(10D).