Debt must be cleared immediately. The remaining payout must then fight inflation to provide monthly survival.
Time current cover lasts after debt is cleared.
Life insurance provides financial protection to your family in case of unexpected events. The right life cover ensures that your dependents can continue meeting daily expenses, pay off debts, and achieve future financial goals.
A common rule of thumb is to choose a life insurance cover that is around 10–15 times your annual income. However, the exact amount should also consider your outstanding loans, household expenses, children's education costs, and long-term financial responsibilities.
This life insurance calculator helps you estimate the coverage required to secure your family’s financial future.