There are many definitions of Human Life Value (HLV). The most popular is based on the expected future earnings of the individual concerned over the course of his life. We, however, wish to define HLV in a rather different manner; a definition, which we believe is a lot more useful to you. We define HLV as the sum total of the monetary values of all future needs your spouse and dependents have of you and the outstanding liabilities as on date.

Human Life Value calc
Your age	Years
Age of spouse	Years
Life expectancy of spouse	Years
Number of children (dependent on you)	Please select 1 2 3
Each child accounts for	% of monthly household expenditure
Each child will remain dependent till	Years of age
Household expenditure	Rs per month
Of the above, how much is spent on you	Rs per month
Expected inflation in household expenditure	% per annum
Age of child (First/Only)	Years
Money you wish to set aside today for education of child (First/Only)	Rs (Use our Education Planner)
Money you wish to set aside today for marriage/other needs of child (First/Only)	Rs (Use our Calcs)
Age of Child (Second)	Years
Money you wish to set aside today for education of child (Second)	Rs (Use our Education Planner)
Money you wish to set aside today for marriage/other needs of child (Second)	Rs (Use our Calcs)
Age of Child (Third)	Years
Money you wish to set aside today for education of child (Third)	Rs (Use our Education Planner)
Money you wish to set aside today for marriage/other needs of child (Third)	Rs (Use our Calcs)
Outstanding loans	Rs
Other liabilities	Rs
Medical expenditure / emergency fund	Rs
Rate of return on low risk securities / deposits	%
Your Human Life Value is	Rs