Artha Research·Personal Finance Research Desk·Last reviewed 25 April 2026·Methodology
What insurance breaks when you change jobs? — Employer Cover Gap Calculator
Quantify the protection you'll lose when you resign — health, term, CI, PA, maternity — across spouse, kids, and parents. Get a numbered action checklist with target weeks-before-resignation timing.
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Job change details
Enter your employer's group cover and your personal cover (if any). The tool calculates the exposure when you resign and the cost of the personal stack that closes the gap.
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Bookmark these inputs, copy a link, or send the result to someone.
Total gap exposure
₹90L
Critical exposure — act this week
Educational tool quantifying employer-cover loss when changing jobs. Replacement premiums use Artha editorial anchors; verify with insurer quotes before purchase.
You are 2 months from resigning with ₹20.0L of family health cover at risk. Parents on the employer policy face the biggest loss — start the action plan below this week.
Buy term plan today and start parents' health portability paperwork this week.
Total exposure when you resign
₹90L
Health gap (4 covered heads)
₹20L
Group term cover lost
₹50L
Critical-illness rider lost
₹10L
Replacement-stack annual premium
₹24.9K
Total personal cover (analytics)
₹0
Used internally for coverage_gap_detected analytics — also useful as a checksum.
Total cover target (analytics)
₹90L
recommended_total alias used by analytics-protect.extractGapValues.
Coverage shortfall (analytics)
₹90L
cover_gap alias used by analytics-protect.extractGapValues.
Retail health cover for a 60+ parent costs roughly ₹40,000-₹1,00,000/year per parent depending on city and PED.
Retail health cover for a 60+ parent costs roughly ₹40,000-₹1,00,000/year per parent depending on city and PED. Verify portability rules before assuming the family stays covered.
Next best actions
The result hints at what to look at next. Each link carries your current numbers so you never re-enter them.
See lifetime cost — employer-only vs personal portfolio
Once you understand the transition risk, compare the long-term cost of relying on employer cover vs owning personal cover.
Size your personal term cover
Buy term first — it's the easiest to issue and the cheapest piece of the replacement stack.
Size your personal health cover
Use the health calculator to right-size the policy that will replace employer cover for the family.
Audit any existing personal policy
If you already have personal health, run it through the policy quality checker before resigning.
Like this calculation?
Save it to your account so you can revisit it anytime, or share the scenario with someone who needs to see it.
At a glance
- What it does
- Models every protection slot the employer covers and computes the exposure when you resign. Outputs the annual premium of the personal stack that closes the gap.
- Family scope
- Configurable: self / spouse / kids / parents. Parents are the highest-cost loss because retail senior health is expensive.
- Action plan
- Numbered checklist with target weeks-before-resignation per item. Tells you what to buy, in what order, and when to resign relative to policy issuance.
- Best used for
- Anyone with an offer in hand or considering a job change. Also useful as a 'preparedness' check even without active transition.
How It Works
This is the drill-down layer. The flagship flow leads with a recommendation, and this page lets you inspect the underlying model.
- Per-slot gap = max(0, employer cover − personal cover).
- Health exposure = healthGapPerHead × number of covered heads (self + spouse + kids + parents).
- Replacement-stack annual premium uses existing per-lakh constants × age-band multiplier; PED-loading 1.4× applies for non-ported policies when any member is 50+.
- Verdict state machine first-match: critical → hypothetical → no-gap → mostly-covered → material-exposure (default).
Assumptions
The recommendation stays blunt, but the assumptions remain visible.
- Family floater exposure is conservative (headcount-weighted) to capture the correlated-claim case.
- Replacement premium uses the user's age as the representative age for premium estimation in v1.
- Maternity rider premium is approximated as 8% of the base health premium.
- PED loading 1.4× and maternity claim anchors are Artha editorial estimates — verify with insurer quotes before purchase.
FAQ
The follow-up questions people usually ask after the main recommendation is already clear.
Can I keep my employer health insurance after I resign?
Generally no — group cover ends the day you resign, and most employers don't allow individual continuation post-employment. The exception is portability under IRDAI rules: you can convert your group policy to a retail policy with the same insurer, preserving accumulated waiting periods. Submit the portability request 45+ days before your last working day.
What's the biggest risk when changing jobs?
Parents on your employer policy face the largest single loss. Retail senior health insurance is significantly more expensive than employer group cover, and pre-existing-disease waiting periods reset unless you port. If your parents are on the policy, plan retail or ported cover BEFORE resigning.
Should I buy term insurance before quitting?
Yes — term insurance is cheap, takes 7-14 days to issue, and is independent of any other piece of your plan. Buy term first, then sort out health portability. Don't resign until both are issued and active.
What if my new employer's cover starts immediately?
Even with day-one cover, sum-insured amounts and family scope (parents, in particular) often differ between employers. The tool helps you size personal cover that bridges those structural differences too — not just the time gap.
Sources & references
Every formula and assumption above is grounded in these authoritative sources.
Related tools & decisions
Keep going from here — each link carries the same cluster context.
What to do next
Size your personal term cover
Term is the easiest piece to issue — buy this first.
Size personal health cover for the family
Replacement health depends on family composition and city; this tool sizes it.
See lifetime cost — employer vs personal
Once you've quantified the transition risk, see the long-term cost.
Comparison pages
Employer Health Insurance vs Personal: Do You Need Both?
You already have employer group health cover. Do you still need personal insurance? Free Indian calculator that models total cost to life expectancy — not just this year's premium.
Floater vs Individual Health Insurance: Which Is Cheaper for Your Family?
One shared floater pool or separate individual policies per member — which costs less AND protects each member fully? Free Indian calculator for family health cover with coverage-parity comparison.
Calculations and decision frameworks, not personalised financial advice. The numbers on this page are based on the inputs you supplied and the regulatory rules in effect when this page was last reviewed. They are not a recommendation to buy, sell, hold, port, or surrender any specific financial product. Consult a SEBI-registered investment advisor, a qualified tax professional, or a licensed insurance broker before acting on a financial decision involving your money.
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