Your Situation
Enter your figures to get an indicative term cover gap. Discuss the actual amount with a licensed advisor.
Needs Breakdown
A term plan sized to roughly meet this gap lets your family replace 20 yrs of income, clear outstanding debts, and fund the goals you have listed — all on your own figures. This is an indicative starting point; the right amount depends on your full financial picture.
AI Insights
DhanRadar AIThe income replacement piece is the present value of your annual income over the chosen years, discounted at your assumed net rate. A lower discount rate gives a higher (more conservative) figure — both are valid assumptions; the choice is yours.
Loans and goals are added at face value because they need to be met in full regardless of when they fall due. Subtracting existing cover and liquid assets from the total gives the indicative shortfall your term plan could aim to bridge.
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.