Term Insurance

Estimate coverage that protects your family.

This calculator models how long your dependents are financially protected based on insurance cover, portfolio growth, and inflation.

This website is best experienced on a laptop, desktop, or larger screen. Some charts and tools may feel limited on mobile interfaces.


Enter your details below to personalize this chart on your data — takes about 2 minutes.

1. Personal Information

This is the monthly expense your dependents will need at today's cost level. Inflation is applied in the calculation so you don't have to worry.

2. Term Insurance Information

This is the amount your dependents receive if you pass away during the term of the policy.

This is amount of years of left in your policy term from your current age.

This is the conservative return rate used for investing the corpus after death assuming your dependents will park this money in a safe place like a Fixed Deposit

3. Investment Information

You may assume ~3% for developed, ~6% for developing, and ~12% for underdeveloped nations, but confirm with current data as these are only estimates.

This is the amount with which your investment increases every year by a fixed percentage, helping you invest more as your income grows and build higher long-term returns.

Large Cap

Mid Cap

Small Cap

Guidance

Translate the output into action.

Use these prompts to decide if your protection plan is strong enough.

Evaluate coverage gaps

  • If protection ends before retirement, consider higher cover.
  • Compare annual expenses with safe return assumptions.
  • Account for large goals like education or housing.

Balance insurance and investing

  • Insurance fills immediate protection needs.
  • Investments build long-term independence.
  • Review both annually to stay aligned.

Next review checklist

  • Recalculate after major life events.
  • Update expenses for lifestyle changes.
  • Adjust SIPs when income changes.
FAQ

Term insurance calculator questions.

Keep these points in mind as you run scenarios.

Why does protection shrink for older ages?

There is less time for investments to grow, and expenses may have already risen due to inflation.

What is a safe return rate?

It is a conservative rate used to estimate how much the corpus could earn in low-risk instruments.

Should I increase cover as my income rises?

Often, yes. Higher income usually means higher lifestyle costs and larger goals.

Does this replace professional advice?

No. Use this as a planning aid, then discuss with a qualified advisor if needed.