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Meridian Financial Tools

Know exactly how much life cover you need.

Estimate your ideal term insurance cover using the Human Life Value or Need Based method.

Also plan your retirement corpus Explore all Meridian tools

HLV inputs

Values your future income stream. Best for salaried earners with stable income growth.

₹
₹
Net income for family—
%
%
yrs
₹
₹

Indicative figures based on standard actuarial assumptions. Actual premiums, underwriting, and payouts depend on the insurer. Please confirm details with a licensed advisor before buying a policy.

Additional life cover needed
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HLV calculation

Net annual income for family—
HLV (PV of growing annuity)—
− Current savings—
− Existing life cover—

Which method should I use?

HLV values your future income stream. Best for salaried earners with stable income growth.
Need Based sums your family's actual money needs (liabilities, expenses, goals). Best when income is variable or you want a goal led plan.
A common practice is to compute both and take the higher of the two as your target cover.