What is Human Life Value?
You have the financial responsibility to help your loved ones prepare for their dreams so that they can live a life on their own terms. You need to ensure that they have financial support in case you are not around. For this, you need to estimate the financial dependence your family has on you. This is called as Human Life Value. It estimates how much money your family will need to fulfill their dreams and lead a comfortable life. This video demonstrates the significance of calculating Human Life Value.