Your Life Insurance Need
| Current age | Years |
| Spouse age | Years |
| Spouse life expectancy | Years |
| Total child | |
| Child 1 age | |
| Child 2 age | |
| Higher education age | |
| Marriage age | |
| Monthly expense | |
| Inflation | % |
| Risk free rate of return | % |
| Return on investment for child future | % |
| Current cost of higher education | |
| Current cost of marriage | |
| Total outstanding loan amount as of today | |
| Current life insurance cover | |
| Current value of investment | |
|
Calculation based on above assumptions |
|
| Current monthly expense | |
| Inflation | % |
| Years till life expectancy of spouse | |
| Corpus required for house hold expenses | |
| Current cost of education - child 1 | |
| FV of costof education - child 1 | |
| Current cost of marriage - child 1 | |
| FV of costof marriage - child 1 | |
| Current cost of education - child 2 | |
| FV of costof education - child 2 | |
| Current cost of marriage - child 2 | |
| FV of costof marriage - child 2 | |
| PV of investment require for education (Child 1) | |
| PV of investment require for marriage (Child 1) | |
| PV of investment require for education (Child 2) | |
| PV of investment require for marriage (Child 2) | |
| PV of all future need | |
| Outstanding loan | |
| Gross coverage required | |
| Existing cover | |
| PV for current investment | |
| Net coverage required | |
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Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
AMFI Registered Mutual Fund Distributor – ARN-3069 | Date of initial registration – 13th Feb 2003 | Current validity of ARN – 22 Oct 2028
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