Risk Assessment

Personal Risk Assessment Calculator

Answer five quick questions about your age, job, health and lifestyle to get a personal risk score and tailored insurance recommendation.

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Personal Risk Assessment Calculator
Assess your personal risk profile and find out how much insurance you truly need

About Risk Profile Assessor

Investment risk tolerance determines the optimal asset allocation for your portfolio. Risk is influenced by three factors: capacity (financial ability to absorb losses), willingness (psychological comfort with volatility), and time horizon (longer horizon allows more recovery time from market downturns).

Standard profiles: Conservative (70% debt, 30% equity) suits near-retirement investors or those with high financial obligations; Moderate (50/50) suits mid-career investors with 7-15 year horizon; Aggressive (20% debt, 80% equity) suits young investors with stable income and 15+ year horizon. Reassess your risk profile after major life events like marriage, a new child, or job change - these often warrant portfolio rebalancing.

Answer questions and click Calculate

Disclaimer. This is a simplified self-assessment for general planning awareness, not a medical or actuarial underwriting decision — your actual insurance needs and eligibility depend on a full application and the insurer's own assessment, so consult a licensed insurance advisor for a definitive recommendation. Read full disclaimer →

How Your Risk Score Is Calculated

This tool converts five self-reported factors into a single weighted risk score: age group (20% weight), occupation type (20%), health conditions (25% — the single largest factor), lifestyle habits like smoking and alcohol (15%), and number of financial dependents (20%). Each factor is rated on its own scale (age 1–5, the others 1–4), the weighted total is multiplied by 25, and the result is shown as a score out of roughly 100.

Based on the score, the tool places you into one of four bands — Low Risk (under 30), Moderate Risk (30–49), High Risk (50–69) or Very High Risk (70+) — and pairs each band with a specific insurance recommendation, from a basic term-plus-health combination at the low end up to comprehensive term, critical illness, personal accident and higher health cover (with a suggestion to consult a licensed advisor) at the high end.

Worked Example

A 26–35 year old in a field/travelling occupation, healthy with no conditions, a non-smoker with moderate exercise, and 1–2 dependents scores: (2×0.2 + 2×0.2 + 1×0.25 + 1×0.15 + 2×0.2) × 25 = 40/100 — Moderate Risk, with a recommendation of term insurance at 15× income plus health cover of ₹10L or more.

Frequently Asked Questions

Health conditions have the most direct impact on both mortality/morbidity risk and insurance pricing — insurers scrutinize medical history closely and price accordingly. Weighting it slightly above the other four factors reflects how much it typically drives real-world insurance costs and claim likelihood.
This is a simplified, five-factor self-assessment meant to give you a quick directional read on your risk profile and a starting insurance recommendation. Real underwriting considers many more variables — detailed medical records, family history, income proof, lifestyle questionnaires — and the final premium or eligibility is decided by the insurer, not this tool.
Treat it as a signal to prioritize comprehensive protection sooner rather than later: a larger term cover (20x income or more), critical illness rider, and a higher health insurance sum insured. It's also worth consulting a licensed insurance advisor, since higher-risk profiles often benefit from professional guidance on structuring cover cost-effectively.
Yes — age alone will shift your score upward over the years, and life changes like a new job, a health diagnosis, quitting smoking, or gaining or losing dependents all affect the inputs. It's worth re-running this assessment every couple of years or after any major life event to keep your insurance recommendations current.
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