Term Life Insurance Coverage Calculator

Term life provides pure death-benefit coverage for a fixed period at a much lower cost than whole life (which combines insurance with a savings/investment component) — for most people, term life covering the years of highest financial responsibility (raising children, paying off a mortgage) is the more cost-effective choice.

Yes, ideally — even without a salary, a stay-at-home parent provides real economic value (childcare, household management) that would cost real money to replace. Consider a separate policy sized to cover replacement childcare and household help.

Not explicitly — consider adding a separate estimate (often ₹1,00,000-₹2,00,000) for funeral and final expenses to the debt figure if you want this included in your total coverage estimate.