Sigma Tech India · Banking

Term cover, by three methods at once.

Income Replacement (10–15× income), Human Life Value (present value of future earnings), and Need-Based (expenses + liabilities − assets). The largest of the three is the safe recommendation.

01 Profile & Liabilities

All amounts annual unless marked.

Current Age
yr
Retirement Age
yr
Annual Incomegross
Annual Family Expensesessentials
Expense Inflationp.a.
%
Income Discount Ratep.a.
%
Outstanding Liabilitieshome/car/personal loans
Existing Assets & Investmentsliquid net worth
Subscriber Nameprints on PDF · optional

02 Recommended Cover

The maximum of three methods.

Recommended Cover
0
Maximum Driver
Largest of three
Working Years Left
0
To retirement

Three methods

MethodCoverStatus
A. Income Replacement (15× annual)
B. Human Life Value (PV future income)
C. Need-Based (Expenses+Liab − Assets)
Recommended Cover (Maximum)
Term plans cover only the death risk — no maturity payout. Pure protection at the lowest premium per ₹ crore. — sigmatechind.com
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Sigma Tech India

Banking Toolkit · Term Cover
Engineered in India · sigmatechind.com
Report Date
ReferenceTRM-—
Page1 of 1
Term Insurance · Cover Estimate

Term Insurance Cover Estimate

Prepared for valued subscriber.

Recommended Cover
₹0
Max Driver
Working Years Left
0

Methods compared

Methods. (A) Income Replacement is a rule-of-thumb 15× current annual income. (B) Human Life Value (HLV) is the present value of expected future income discounted to today. (C) Need-Based covers your family's future expenses plus existing liabilities, net of current assets and investments. The largest of the three is the safe recommendation — under-insurance is more expensive than over-insurance.