Flagship calculator
Life Insurance Coverage Gap Analyzer
Compare your required protection against your existing cover and assets, and see exactly where — and how large — the gap is, with a full breakdown of the calculation.
How this is calculated
Required protection = income replacement requirement + outstanding liabilities + future goals. This total is then compared against your existing life insurance and the assets you’ve earmarked for your family. The difference is your estimated coverage gap.
Assumptions used in this calculator
| Factor | Assumption |
|---|---|
| Income replacement | Annual income × years selected, adjusted for the inflation rate you set |
| Liabilities | Full outstanding loan principal you enter, undiscounted |
| Future goals | Education, marriage and other goals entered directly, in today’s rupees |
| Existing protection | Existing life insurance cover, subtracted in full |
| Existing assets | Assets you specify as available for family protection, subtracted in full |
Please note: This calculator produces an educational estimate only, based on the figures and assumptions you enter. It is not a financial recommendation, an insurance quotation, or a guaranteed coverage amount. Actual insurance needs depend on your complete financial situation. Please discuss your result with an insurance professional or financial advisor before making a decision.
Want to understand your result better?
Discuss your coverage gap with an insurance professional for educational guidance and context.