Reliance Life Insurance
A Reliance Capital Company

 

Insurance Need Calculator


Gross current Income (`)
Personal Expenses( Taxes, shopping etc.) (`)
Net Income available for expenses on family  (`)
Assets on hand (`)
Liabilities on hand (`)
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 (`)
Annual Net income available towards family (`)
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.