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Eligible Cover Calculator

Insurers cap how much life cover you can buy as a multiple of your annual income (the income-multiple rule). Enter your details to see the indicative maximum sum assured you can apply for.

Indicative eligible cover

Maximum sum assured you can apply for

₹3,50,00,000

Based on an income multiple of 35x at age 30 for a savings / endowment plan.

Income multiples by age

AgeSavingsTerm
18-3535x25x
36-4525x20x
46-5020x15x
51-5515x15x
56 and above10x10x

Indicative only. Actual eligible cover depends on income proof, occupation, existing cover, health and the insurer's underwriting at the time of proposal. Medical-requirement and non-medical (SUC) limits are assessed case by case. Not affiliated with LIC.