How much life cover do I need?

You can get a simple, quick and clear answer to this question by calculating your Human Life Value or HLV. HLV is an easy-to-use numeric method of calculating the amount of Life Cover that you may need. The basic thumb rule that can be used to find out your HLV is as follows:

Age In Years Income multiple 18-35 25 times of your annual income 36-45 20 times of your annual income 46-50 15 times of your annual income 51-60 10 times of your annual income







For example, if a 32 year old man has an annual income of 5 lakh, the ideal Life Cover for him would be 25 x 5 lakh = 1.25 crore.