Quick Summary: Term Insurance HLV Calculator

To calculate your term insurance need using the Human Life Value (HLV) method in FY 2026-27, subtract your personal expenses from your annual income and multiply by the years remaining to retirement, then discount to present value. Add outstanding liabilities and future family goals like child education for a comprehensive cover estimate.

How to use the Term Insurance HLV Calculator

  1. Enter Annual Income

    Input your total annual take-home salary or business profit.

  2. Subtract Expenses

    Deduct your personal annual expenses to find the net income available for your family.

  3. Add Liabilities

    Include all outstanding debts like home loans, car loans, and personal loans.

  4. Include Future Goals

    Add the current cost of future milestones like child's higher education and marriage.

Related Calculators

Term Insurance Cover Calculator
Critical Illness Need Calculator
Life Stage Insurance Planner
LIC Traditional Policy IRR Buster

Regulatory Disclaimer

Last verified May 2026

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.