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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.

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Customer Age

Monthly Expense

Total Financial Assets

Total Liabilities

Requirement for future goals

Existing Life Cover

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

Life Insurance Calculator

A Life Insurance scheme gives you a lot of security. You opt for Life Insurance so that your family always stays secured and safe. In case of unforeseen circumstances, you can rely on your investments in Life Insurance to take care of your loved ones. You can be certain to reap great dividends as well, as you progress with your Life Insurance cover. There are various types of covers available in the market. It helps you decide what you want to achieve and how much you intend to invest in your life insurance. Life Insurance Covers are tailor-made for your preferences and the vast range of covers helps you nail exactly what you want.

A 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. You can try your hand at understanding the various insurance covers as per your goals and what you set to achieve while you invest in them. A life insurance calculator gives you an estimate of your investment returns. At the end of it, family is everything and a good investment goes a long way in ensuring their ultimate security. Go ahead and take the first step towards estimating the life insurance cover that you need.

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



BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS


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.