Enough that, if you were gone tomorrow, your family could clear every debt and still live comfortably for many years without your income. A common rough guide is something like ten to fifteen times your annual income, plus any outstanding loans (a home loan especially), minus assets already set aside for the family. The point is not the exact multiple, it is that the payout should genuinely replace what you provide, not just tick a box. Buy pure term insurance (not a bundled investment policy) for a long tenure while you are young and healthy and it is cheap, and raise the cover when major responsibilities (a home, a child) appear. Under-insuring to save a small premium is a false economy.
A curated summary to orient you, not advice. The resources below are the real value.
2 hand-picked resources, 2 India-specific, 1 link-checked. Pick how you want to dig in.
Why we picked it The free, India-first grounding in what to do with cash once you have it: goals, allocation, SIPs, and not losing it to fees.
From Zerodha Varsity by Zerodha Varsity
Open zerodha.com →Why we picked it A no-nonsense, ad-light India personal-finance site: plain math and free calculators for emergency funds, goals, and asset allocation, with no product to sell you.
From Freefincal by M. Pattabiraman
Open freefincal.com →
