The calculation of exact amount of insurance policy or sub-assured under insurance to cover all your future liabilities is a Herculean Task. But it is very important to calculated the type and amount of insurance policy to be taken to secure all future liabilities and to save such amount from insurance so that the level of life will not affect.
source https://www.caclubindia.com/articles/how-calculate-amount-insurance-cover-case-casuality-44234.asp
source https://www.caclubindia.com/articles/how-calculate-amount-insurance-cover-case-casuality-44234.asp
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