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Signature Assessment Tool

Insurance Protection Gap Calculator

Discover if your family is under-insured. Combine living expense replacement, outstanding loans, milestone goals, and health cover needs to estimate your protection shortfall.

Estimate Your Insurance Protection Gap

Free Educational Tool

Fill in your family income, liabilities, goals, and existing cover details to calculate your protection shortfall.

1. Income & Family Profile
Groceries, rent, utilities, school fees
2. Debts & Future Milestones
Home loan balance + car/personal loans
Child higher education, marriage corpus
3. Existing Protection & Assets
Current term / life cover sum assured
Current mediclaim sum insured
Emergency funds, FDs, mutual funds
Significant Protection Gap Detected

Estimated Protection Shortfall:

₹0

Total estimated financial shortfall your family would face without additional life & health coverage.

Total Life Need ₹0 Income + Debts + Goals − Savings
Life Insurance Gap ₹0 Shortfall in life cover
Health Insurance Gap ₹0 Super top-up buffer advised
Educational Disclaimer: This calculator provides educational estimates based on user-provided assumptions. It does not constitute an insurance quote, financial advice, or underwriting decision.
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Get Your Protection Reviewed by an ISP

Connect with a qualified Insurance Sales Person (ISP) at RakshaPoint Insurance Marketing LLP to structure a cost-effective plan that closes your protection gap.

Educational Calculation Methodology
Holistic Family Protection Mathematics
Calculations evaluate living expenses, liabilities, and healthcare inflation parameters.

Why Most Indian Families Have an Unrecognized Insurance Gap

Many policyholders believe having a ₹5 Lakh corporate mediclaim and a ₹10 Lakh traditional life insurance endowment policy is sufficient. In reality, medical inflation (running at 12–14% annually) and escalating living costs create massive shortfalls:

1. The Living Expense Multiplier

A family spending ₹50,000/month requires at least ₹1.2 Crore to ₹1.5 Crore in capital so that annual interest returns can replace monthly household expenses without eroding the principal.

2. Debt & Liability Trap

Outstanding home loans and personal debts must be extinguished immediately upon an untimely demise. Otherwise, surviving family members may face asset foreclosure.

3. The Super Top-Up Strategy for Health Gaps

Instead of buying an expensive ₹50 Lakh standalone health policy, policyholders can combine a ₹5 Lakh base cover with a ₹45 Lakh Super Top-Up at a fraction of the cost.

Need Guidance with Your Numbers?

Speak with a qualified Insurance Sales Person (ISP) at RakshaPoint IMF for a parameter-based review of your current policies.

Contact an ISP Helpline: +91 90685 73723
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