Insurance Calculators

Seven calculations we run for clients every day, on the same statutory bases we use when placing cover. Nothing is stored and nothing is sent anywhere. The figures are indicative and meant to start a conversation, not to replace one.

Business

Sum Insured CalculatorWhat your building, plant and stock should be insured for, and what the average clause takes off a claim if the sum insured is short.Business Interruption CalculatorThe gross profit you would lose while the plant is rebuilt, sized to a realistic indemnity period.Marine Cargo CalculatorAnnual carryings, per-sending limit, and whether your dispatch pattern needs an open policy or voyage cover.

Employees

Workmen Compensation CalculatorDeath and permanent disablement compensation per worker under the Code on Social Security, 2020.Gratuity CalculatorAccrued gratuity per employee under the 15/26 formula in the Code on Social Security, 2020.

Personal

IDV CalculatorYour vehicle's insured declared value from the current ex-showroom price and the depreciation schedule.Human Life Value CalculatorHow much term cover your family actually needs, on the income replacement basis.

How to read these numbers

Every calculation here follows the basis we use when we place cover: the reinstatement basis for fire sums insured, Schedule IV of the Employees' Compensation Act for workmen compensation, the 15/26 formula in the Payment of Gratuity Act for gratuity, and the motor depreciation schedule for IDV. Where a figure comes from statute it is cited on the page.

What they cannot do is quote a premium. Rates depend on occupancy, construction, claims history, packing, route and a dozen other things a form cannot ask about, and any site that returns a premium from three inputs is guessing. These size the cover; we quote the price.

Nothing you type is sent anywhere. The arithmetic runs in your browser and nothing is stored.

Want any of these checked against your actual policy? Ask an IRDAI-registered advisor, free: request a callback or WhatsApp +91 92514 56334.