How to use this calculator
- Enter your income, age, debts, home loan, children's education needs and existing cover.
- Choose the method used to match your situation.
- Read the cover needed by each method and the gap against existing cover in the result.
This is an estimate and not a recommendation of a policy; consider your family's needs and the terms of the plan.
The result is an estimate for the figures you enter. It is not a filed return, a certificate or professional advice. Rates, thresholds and section numbers change with each Finance Act, and the Income-tax Act, 2025 applies from 1 April 2026 with new section and form numbers.
For the related work, see Income tax return (ITR) filing.
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