YOU CAN BE RICH TOO WITH GOAL BASED INVESTING - CALCULATORS
  1. Insurance Calculator
  2. Young Earners

Life insurance calculator. Best Suited for a young employee with no children
Note: Fields in yellow are mandatory

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# Particulars  
1. Monthly income your family will need to meet expenses in your absence  
2. How long would this income be needed  
3. Annual Inflation in monthly expenses. monthly income will increase annually at this rate (inflation-indexed income) (%) %
4. Return expected when part of the insurance sum is invested to meet expenses (%) %
5. Current life insurance cover  
6. Assets your family can use to generate some income. Don’t include anything you don’t want them sell  
7. Current liabilities (personal loan, credit card debt). If you have separate cover for home loan you don’t need to include that  
(A) Sum required to generate an inflation indexed monthly income ₹ {{ ye.a }}
(B) Sum required to clear your liabilities ₹ {{ ye.b }}
(C) Usable assets will be subtracted from sum of above two quantities ₹ {{ ye.c }}
So net insurance required (A+B-C) in Lakhs ₹ {{ ye.netinsurance }}
You need to review this insurance amount if you have children