Protection Planning
Life Insurance Need Analysis
Compute recommended life cover using HLV (Human Life Value) and the goal-based Needs Analysis method. Use the higher of the two as your target sum-assured.
Inputs
HLV Inputs
PV of future income net of self-consumption, until retirement.
yrs
yrs
₹
%
%
Portion of income you spend on yourself
%
₹
HLV-recommended Cover
₹2,24,91,722
HLV (₹2,74,91,722) − Existing cover (₹50,00,000).
HLV (PV)
₹2.75 Cr
₹2,74,91,722
Existing Cover
₹50.00 L
₹50,00,000
Years Remaining
25 yrs