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An indicative income-replacement figure — for education, not advice. Discuss your actual cover needs with a licensed advisor.
How the Indicative Figure is Built
The Human Life Value is the present value of the income a family would lose if the earner were not there — discounted at your assumed 4% net rate over 25 years. The indicative gap is what your existing cover does not yet meet. This is an estimate on your own inputs; actual insurance needs depend on many factors a licensed advisor can assess.
AI Insights
DhanRadar AIHLV is the present value of your future income. At a 4% net discount rate over 25 years, ₹12.0 L/yr today works out to an indicative ₹1,87,46,496. A lower net discount rate raises the figure; a higher one reduces it — adjust the slider to see the effect of your own assumption.
The 15× income rule of thumb gives ₹1,80,00,000 — a quick sanity cross-check. The HLV method accounts for your actual working horizon and a discount rate, so it adapts to your age and income growth expectations rather than applying a fixed multiple.
For education only — not insurance advice or a product recommendation. An indicative figure on your own inputs; discuss your actual cover with a licensed insurance advisor.
Related Calculators
Calculations are estimates for illustration only and assume a constant annual return, which real markets do not provide. DhanRadar is a research & analytics platform, not an investment advisor. Mutual fund investments are subject to market risks.