Human Life Value Calculator

Your earning power is the biggest asset your family relies on. Choose how you want it measured, enter your details, and see how much protection may be missing. Results update as you type.

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Your name (optional)Shown on your results and your PDF

How should we measure it?

Income based Need based Compare both

Income based: the value today of the income you will earn for your family. Need based: what your family would need to keep its lifestyle, repay loans and meet goals.

About your income

Amounts are in rupees.

Your age Planned retirement age Yearly income before tax (₹)This year's income Income tax (% of income)Your average rate, not the slab rate Spent on yourself (% of after-tax income)Food, travel, work costs and personal needs Yearly income growth (%)

Assumptions

These drive the answer. Try different values.

Return on safe investments (%)Used to bring future money to today's value General inflation (%)

Your family's needs

Used for the need based method.

Monthly household expenses today (₹)Leave out loan EMIs; loans are added separately Share that continues without you (%) Years the family needs this income Emergency fund (months of expenses) Loans outstanding (₹) Goal inflation (%)Education and marriage costs often rise faster Child education cost today (₹) Years until education starts Child marriage cost today (₹) Years until marriage Other goal cost today (₹) Years until other goal

What you already have

Existing life cover (₹) Savings and investments you could use (₹)Leave out your home and retirement money you need for yourself

Your results

In the window that opens, choose "Save as PDF" as the printer or destination.

How the answer changes

The same calculation under slightly different assumptions.

Year-by-year income method

How each method works

Income based. For each working year until retirement we take your income, remove tax and what you spend on yourself, and bring the rest to today's value at the safe-investment return. This year's income is the starting point, and growth applies from the next year. The total is your Human Life Value. Loans are not added on top, because EMIs are paid out of the income being replaced.

Need based. We add what the family would need: living costs for the years you choose (rising with inflation, EMIs excluded), loans, child and other goals (rising with goal inflation) and an emergency fund, all in today's value.

Gap. Value or need, minus your existing life cover and usable savings. A gap of zero means you appear covered on that method.

For education only. This is not insurance, investment or tax advice. Results depend entirely on the assumptions you enter, and real life differs. Speak to a qualified, licensed adviser before making insurance decisions.