Human Life Value (HLV) Calculator
Your Human Life Value is what your future earnings are worth to your family today — the number insurers use to decide how much cover they'll issue.
Your Human Life Value
₹2.08 Cr
- Working years left
- 30 yrs
- Income available to family
- 70% of income
HLV is the present value of your future earnings net of personal expenses — the economic loss your family would face. Use it as the ceiling for life cover.
About this calculator
How it works
We take your income net of what you spend on yourself, grow it yearly until retirement, and discount each year back to today's rupees. The sum is your HLV.
HLV vs income multiplier
The quick income-multiplier method approximates this. HLV is the precise version — it accounts for your actual growth rate and years left to work.
The discount rate
Use a safe long-term rate (government bond yields, ~6–7%). A higher discount rate lowers HLV; a higher income growth rate raises it.
What insurers do with it
Insurers typically cap total life cover at your HLV. If your desired cover exceeds it, they'll ask for income proof — another reason to size cover realistically.