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Insurance Need Calculator


Gross current Income (Rs.)
Personal Expenses( Taxes, shopping etc.) (Rs.)
Net Income available for expenses on family  (Rs.)
Assets on hand (Rs.)
Liabilities on hand (Rs.)
Age (as on date )   Years
Expected future Inflation rate   % p.a.
Expected future Return on Investments   % p.a.
Age on retirement   Years
No of years after which a second member of the family starts earning.   Years
Expected contribution of next Family Member towards family expenditure at the time of employment (Rs.)
Annual Net income available towards family (Rs.)
Note : The calculations of insurance cover needed are made after taking into account todays value of money in the future, expected inflation rate and expected return on investments.