Insurance Calculators
Protect your family with the right coverage. Calculate health insurance needs and emergency fund requirements.
2 calculators available
Financial Protection Planning
Insurance and emergency funds form the foundation of financial security. Before investing for growth, ensure you have adequate protection against health emergencies, job loss, and unexpected expenses.
Health Insurance Guidelines
| Family Type | Metro Cities | Non-Metro |
|---|---|---|
| Young Couple (25-35) | ₹10-15 Lakh | ₹5-10 Lakh |
| Family with Kids | ₹15-25 Lakh | ₹10-15 Lakh |
| With Senior Parents | ₹25-50 Lakh | ₹15-25 Lakh |
Consider Super Top-up plans to increase coverage affordably.
Emergency Fund Guidelines
- Salaried (Stable Job): 3-4 months of expenses
- Salaried (Uncertain Industry): 6 months of expenses
- Self-Employed/Freelancer: 6-12 months of expenses
- Single Income Family: 6-9 months of expenses
Frequently Asked Questions
How much health insurance cover do I need?
A good rule is 50% of your annual income or at least ₹10 lakh for a family. In metro cities like Mumbai, Delhi, or Bangalore, consider ₹15-25 lakh due to higher hospital costs. If you have senior parents, they need separate or higher coverage due to increased health risks.
How many months of expenses should my emergency fund cover?
Financial experts recommend 3-6 months for salaried individuals with stable jobs, and 6-12 months for self-employed or those in uncertain industries. Include all essential expenses: rent/EMI, utilities, groceries, insurance premiums, and loan payments. Keep this fund easily accessible in savings accounts or liquid mutual funds.