Basic Funda - "If you have dependants and financial responsibilities towards them, then you certainly need insurance"

Please check following things while taking insurance cover -

1- Annual Pay * 10 (7 to 10 times,it depends on individiual) (A)
2- Any liabilities you may have in your name in the form of housing, education
or similar loans. (B)
3- Owned Assets (C)

Insurance Required = (A+B)-(C)