Desc
Calculate the savings required for a worry-free retirement.
What is Human Life Value?
About Insurance Plan Title
What is Human Life Value?
Insurance Plan Desktop Image
Insurance Plan Description
Human Life Value (HLV) is a measure of the present value of your future earnings, savings, investments, liabilities, and expected expenses, used to determine the financial protection your family would need in your absence. It helps estimate the appropriate life insurance coverage to secure your loved ones’ financial well-being, factoring in inflation to maintain the value of the coverage over time.
Essentially, HLV reflects the financial worth of an individual’s life in terms of the support they provide to their family, making it a crucial tool for planning long-term financial security.
Essentially, HLV reflects the financial worth of an individual’s life in terms of the support they provide to their family, making it a crucial tool for planning long-term financial security.
Insurance Plan Mobile Image
What is a Human Life Value Calculator?
About Insurance Plan Title
What is a Human Life Value Calculator?
Insurance Plan Description
A Human Life Value Calculator (HLV) is a digital tool that estimates the financial value of your life in terms of the support you provide to your family. By considering transactional factors like expenses, savings, investments, liabilities, and age, the calculator determines the value of the coverage that your family will need in case of your unexpected demise. It simplifies planning by giving a clear, personalized estimate to help you make informed decisions about life insurance and financial protection.
How Does a Human Life Value Calculator Help You?
Factors Types
Factor Type Title
Determines Adequate Life Cover
Factor Type Description
Estimates the right insurance amount to secure your family’s financial future, helping avoid both overinsurance and underinsurance.
Factor Type Title
Accounts for All Financial Factors
Factor Type Description
Takes into consideration income, expenses, savings, investments, liabilities, and inflation for a complete picture. It also factors in any existing life insurance coverage for a more accurate assessment.
Factor Type Title
Supports Goal-Based Decisions
Factor Type Description
Helps you choose life insurance and investment options aligned with your family’s needs, providing peace of mind that your decisions are well-informed and purposeful.
Heading
How Does a Human Life Value Calculator Help You?
Explore More Calculators
How to Calculate Human Life Value Manually?
Title 2
(Age of Retirement – Current Age) x (Current Annual Income)
Description
You can calculate your Human Life Value using this simple formula, or for a faster and more detailed estimate, use the Human Life Value Calculator.
Title 1
How to Calculate Human Life Value Manually?
Search Result URL
/tools-and-calculators/human-life-value-calculator