I am 27 years old, Married, Earning 45,000 Rs. p.m. living in Delhi. (Suppose) Total headcount: You(Working) and your spouse (Housewife). Let’s make it lucrative: House Rent: 10,000 Rs. per month. Electricity bill: 2,000 Rs. per month. (If you are living in Delhi and spending more than 2,000 Rs. on the electricity bill then be prepared for some deficit.) Water and Internet: 1,000 Rs. per month. Food and Grocery: 5,000 Rs. per month. (Food and other expenses like vegetables, oil etc.) Transportation: 2,000 Rs. Miscellaneous Expenses: 3,500 Rs. per month. (Anything you want to include which I didn’t consider here.) Now, Concentrate here: 6. Term insurance for you only: 700 Rs. per month.