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How to choose the right life cover amount?

It is a thumb rule that your life cover should depend on your current annual income and any existing or future loans/liabilities you may have. We recommend to take life cover in proportion to your income:

 

Age Recommended life cover
18-35 25 times your income
36-45 20 times your income
46-50 15 times your income
51-60 10 times your income