What is the HLV method for life insurance?

The Human Life Value (HLV) method estimates the present value of the future income a person is expected to earn for their family. It ensures the family's lifestyle remains unchanged in the breadwinner's absence.

Is 1 crore term insurance enough?

While ₹1 Crore is a popular benchmark, it may be inadequate if you have high liabilities, multiple dependents, or live in a metro city with 6% inflation. Use an HLV calculator for a precise estimate.

How does inflation affect term insurance need?

Inflation reduces the purchasing power of the sum assured. A ₹1 Cr cover today might only feel like ₹50L in 12 years at 6% inflation. Always account for medical and lifestyle inflation.

Term Insurance HLV Calculator

Calculate your ideal life cover using the Human Life Value (HLV) method and goal-based planning.

Quick Summary: Term Insurance HLV Calculator

To calculate your term insurance need using the Human Life Value (HLV) method, subtract your personal expenses from your annual income and multiply by the years remaining to retirement, then discount to present value. A common rule of thumb is 10-15 times your annual income plus outstanding liabilities and future family goals like child education.

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Regulatory Disclaimer

Last verified May 2026

Statutory Disclosure

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.