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Life Insurance Calculator

This Life Insurance Cover Calculator helps you to estimate the life insurance cover you may need to provide for your family's financial security in your absence. Go ahead and take the first step towards estimating the life insurance cover that you need.


Customer Age

18 29 39 50 60

Monthly Expense

0 5Lacs 1Cr 1.5Cr 2Cr

Total Financial Assets

0 2.5Cr 5Cr 7.5Cr 10Cr

Total Liabilities

0 2.5Cr 5Cr 7.5Cr 10Cr

Requirement for future goals

0 2.5Cr 5Cr 7.5Cr 10Cr

Existing Life Cover

0 2.5Cr 5Cr 7.5Cr 10Cr

Provide Details of your Pre-Payment

Select Most Suitable Option
Which Month Will you pay-off your loan completely? (e.g enter ‘5’ if paid off in 5 month)

Provide Details of your Pre-Payment Fee

Pre - Payment Fee is Applicable on
Pre - Payment Fee is %

Pre - Payment Amount

Life Insurance Cover Required

Want to know more about your life insurance requirement? Have us call you back

The life insurance cover calculated above is indicative in nature and has been arrived at basis the information provided by you. The calculation of life insurance cover is provided for assistance only and is not intended to be and must not be alone taken as the basis of purchase of a life insurance product.

Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Mitsui Sumitomo Insurance Co. Ltd. Max Life Insurance Co. Ltd., 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurgaon - 122002 (Haryana). For more details on the risk factors, Terms and Conditions, please read the sales brochure carefully before concluding a sale. Insurance is the subject matter of solicitation. Life Insurance products are offered and underwritten by Max Life Insurance Co. Ltd. The Life Insurance contract is between the Proposer and Max Life Insurance Co. Ltd. Contact Toll free Number: 1800 200 4006. IRDAI Registration No. – 104.

Axis Bank Limited is the Corporate Agent of Max Life Insurance Co. Ltd. Axis Bank Limited, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai – 400025. IRDAI Corporate Agent License No: 1891411. The purchase of a Max Life Insurance product by Axis Bank's customer is purely on a voluntary basis. As Axis Bank is not in the business of insurance, there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products.

ARN : Max Life/Axis/HLV Cal/ Jan 2016


IRDAI clarifies to public that

  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums
  • IRDAI does not announce any bonus

Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

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