Different life insurance policies come with different underlying schemes. Each scheme and its value is determined according to the amount of premium you are willing to pay, the tenure of the scheme and other such factors. First, you need to assess how much insurance coverage you are looking at, in an event that you might not be around to support your family. Although it might seem like the plan you’re opting for will be sufficient, you would be surprised to see how fast funds can deplete when the need arises. This is why it is important to calculate how much a scheme will yield.