Human Life Value Calculator
Calculate how much life insurance you need based on income, expenses, liabilities & goals
Your Details
Expenses that stop if you are not around
Rate to discount future income to present value
Results
Coverage Adequacy
How your existing coverage compares to your total insurance need
HLV Components Breakdown
Positive values add to your insurance need, negative values reduce it
HLV Composition
Proportional breakdown of your total insurance need (before offsets)
Year-by-Year Income Projection
Projected gross income, net contribution, and present value for each working year
| Year | Age | Gross Income | Net Contribution | Present Value |
|---|---|---|---|---|
| Year 1 | 31 | ₹10.00 L | ₹7.00 L | ₹6.48 L |
| Year 2 | 32 | ₹10.80 L | ₹7.80 L | ₹6.69 L |
| Year 3 | 33 | ₹11.66 L | ₹8.66 L | ₹6.88 L |
| Year 4 | 34 | ₹12.60 L | ₹9.60 L | ₹7.05 L |
| Year 5 | 35 | ₹13.60 L | ₹10.60 L | ₹7.22 L |
| ... 20 more years ... | ||||
| Year 26 | 56 | ₹68.48 L | ₹65.48 L | ₹8.85 L |
| Year 27 | 57 | ₹73.96 L | ₹70.96 L | ₹8.88 L |
| Year 28 | 58 | ₹79.88 L | ₹76.88 L | ₹8.91 L |
| Year 29 | 59 | ₹86.27 L | ₹83.27 L | ₹8.94 L |
| Year 30 | 60 | ₹93.17 L | ₹90.17 L | ₹8.96 L |
Actionable Insights
Your coverage gap is ₹2.74 Cr. Consider a term life insurance plan of at least this amount to protect your family.
Your recommended cover is 27.4x your current annual income. Financial experts typically recommend 10-15x annual income as life cover.
Review your HLV every 2-3 years or whenever there is a major life event (marriage, child birth, home purchase) to keep your coverage adequate.
Calculator results are for illustration purposes only. Actual returns may vary based on market conditions, fund performance, and other factors. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance does not guarantee future returns.