10-15× income rule
Carry life cover worth 10 to 15 times your annual income.
₹15.00L
₹3.00L₹5.00Cr
₹1.80Cr
cover
How it works
A rough floor for term cover: enough that your family can replace your income long enough to adjust, clear the home loan, and still fund the children’s education.
Where it breaks down
A multiple ignores your actual liabilities and goals. A proper needs analysis — liabilities plus goals plus income replacement, minus existing assets — usually gives a different number.
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Illustrative only. These figures assume constant rates and do not predict actual returns. Markets, taxes and inflation vary. This is educational information, not financial advice — consult a SEBI-registered adviser before making investment decisions.