HLV (Term Insurance)
Get high-value financial protection without mixing investment noise.
Term insurance planning for strong family protection at an affordable premium.
Key Benefits
What We Cover
How It Works
HLV Calculator
Human Life Value (HLV) — How much term cover do you need?
Human Life Value (HLV) is the calculation of how much life insurance (term insurance) cover your family would need to stay financially secure in your absence. Use the formula below for an accurate figure, or the quick thumb rule as a starting point.
HLV (Human Life Value) Formula
Your estimated HLV
₹1,12,50,000
≈ ₹1.13 crore
Quick Thumb Rule
A simple starting point is to multiply your annual income:
- Age 20 to 40: cover of 20 × annual income
- Age 40 to 50: cover of 15 × annual income
- Age 50 and above: cover of 10 × annual income
For a more accurate HLV, also consider inflation, future income growth and existing assets/liabilities when planning life insurance cover.
FAQs
Questions clients usually ask.
Who should buy term insurance?
Anyone with dependents, loans or family responsibilities should review term insurance.
When should I buy it?
Earlier is usually better because premiums are often lower at younger ages and good health.
Ready to discuss?
Get clear guidance before you decide.
Office: Ruturaj Complex, near Crescent Circle, Bhavnagar, Gujarat