Protect your family’s future with an adequate life cover
Calculated by taking your expenses and investments into account.
Your monthly expenses
(exclude your EMIs and SIPs)
Your existing investments
(include FD, Mutual Funds, Stocks, Government Schemes, etc)
Your total outstanding loans
(include principal amount only)
Your current insurance cover
College fee planned for kids
Spouse's monthly income
You need to buy an additional term cover for
Monthly Premium starting at0
This amount would help your spouse continue the same lifestyle as today till he/she turns 80 incase something were to happen to you
Recommended insurance providers
30 minute free consultation
Policy recommendation for you
Family insurance planning
How are you calculating how much Term Insurance I need?
Term Insurance cover is meant to act as a replacement for your take home income. We use a scientific calculator based on all the inputs provided by you to determine the adequate cover you need, including investments, loans, expenses, any existing insurance cover, and more.
What should I keep in mind while choosing a term plan that suits me best?
There are four main criteria when buying a term plan. Claim Settlement Ratio which indicates how many claims have been settled by the insurer in the past. Brand Value which indicates the trust bestowed upon the insurer. Cost of Insurance which indicates the premium amount to be paid for a certain cover. Solvency Ratio which indicates the ability of the insurer to stay in business. We’ve chosen three insurers that rank high on all of these criterias.
If I already have an LIC, why should I look for a term plan?
While other plans such as LIC/ULIPs might provide you with guaranteed returns or periodic money backs, term plans offer you the option of getting a sufficiently large coverage at a low cost. This allows you to give your family a financially secure future and give yourself peace of mind.
Mutual Fund investments are subject to market risks.Please read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Mutual fund investment service provided by Scripbox.com India Pvt. Ltd., AMFI-registered Mutual Fund Distributor ARN-84967
© Scripbox Advisors Private Limited 2021