- Are you not sure how much insurance do you need?
- Wondering if the insurance policies (sum assured) that you hold is sufficient?
- How long your dependents can survive from insurance claim amount received will be sufficient for your family, if you die today?
The amount of Life Insurance coverage a person should have will depend upon Spouse life expectancy, Kids education and marriage expenses, Inflation
Let’s understand through the following case study:
![](https://www.fundviser.in/wp-content/uploads/2020/01/Screenshot-2020-01-29-at-1.51.23-PM-1024x241.png)
1. Following are Kids education expenses
![](https://www.fundviser.in/wp-content/uploads/2020/01/Screenshot-2020-01-29-at-1.54.11-PM-1024x301.png)
2. Marriage Costs are as flows:
![](https://www.fundviser.in/wp-content/uploads/2020/01/Screenshot-2020-01-29-at-1.55.34-PM-1024x79.png)
3. Household expenses cash flow till Spouse age of 80 years
![](https://www.fundviser.in/wp-content/uploads/2020/01/Screenshot-2020-01-29-at-1.57.09-PM-1024x186.png)
To provide Rs 22,000 monthly withdrawal to family for 50 years (80-30 = 50), corpus required today @ 6% inflation and 8% Risk Free Returns = Rs 86,00,000 .
![](https://www.fundviser.in/wp-content/uploads/2020/01/Screenshot-2020-01-29-at-1.58.24-PM-1024x189.png)