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FliberInvestment Advisors(A unit of Lookinglaz Technologies LLP —SEBI Regn: INA200016917 · AMFI ARN-275255)
FliberInvestment Advisors · SEBI Registered Investment Adviser

Insurance Coverage Score

How financially secure would the people who depend on you be if your income stopped tomorrow? This works out the life cover you need, compares it with what you already hold, and scores the gap.

Replacing your income

Your family needs replacing only the part they consume.

Debts and goals

Home, car and personal loans that would need clearing.

What you already have

Term plans, endowment sum assured and employer cover.

Exclude the home you live in and anything already earmarked.

Assumptions

0/100
—
Cover you need
—

Enter your details to see where you stand.

Income or expense replacement
—
Debts to clear
—
Goals to fund
—
Additional cover needed
—

What makes up the number

Replacement Debts Goals Existing assets (deducted)

A bar showing the share of your required cover made up by income replacement, debts and goals, alongside the assets already available to your family.

The working

How the required cover is built up, and what is left after subtracting what you already hold.
Replacement of income or expenses—
Outstanding loans to be cleared—
Children's goals, at future cost—
Less: investments available to your family—
Total cover required—
Less: life cover you already hold—
Additional cover to buy—

How this is calculated

  • Income method takes the part of your income your family actually consumes — your income less what you spend on yourself — and discounts it back over your remaining working years, allowing for pay rises along the way.
  • Expense method takes your household's running costs, keeps the share that would continue without you, grows it with inflation and discounts it over the years your family needs support.
  • Both then add loans that would fall due and the future cost of your children's goals, and subtract investments your family could actually draw on.
  • The score is the cover you already hold as a percentage of the cover required. 100 means the gap is closed.
  • Figures are illustrative and use the assumptions you set on the left. They do not account for tax on payouts, existing employer cover that ends with employment, or claim rejection risk.

This page is client education, not a recommendation to buy any specific policy. Cover requirements are personal and should be confirmed with your adviser before you act. Fliber Investment Advisors does not earn commission on insurance.