Term insurance calculator

Nov 20, 2017 | 2 years ago | Read Time: 1 minute | By iKnowledge Team

With a few inputs, a term insurance calculator shows you the premiums you would pay for a term policy. Read more

Today, a lot of people are opting to buy insurance online. This is mainly because along with offering transparency, online insurance also assists with deciding the amount of cover you need and the premiums to be paid towards the same. And this is where a term insurance calculator comes in handy.

It is recommended that even if you choose to buy an offline policy, you should cross check policy details and other calculations online to verify the facts.

We have an online term insurance calculator that helps you calculate the premium of your insurance so that you have a clear idea of how much you need and why. This is a flexible tool that gives you the freedom of choice. To understand how it works, here are three things you should know about a term plan premium calculator.

  • In order to give you a quote, the online calculator takes into consideration your lifestyle habits, age, annual income, needs, and life cover expectations.
  • Based on the details entered, the term insurance premium calculator will offer you our quotes. This will help you to decide which term insurance policy to go for.
  • Our term plan calculator reflects the prices online; you will find that the quote generated is often a lot lower than similar policies offline.

With all of this under one roof, a term insurance calculator will be a great way to help you start planning your investments ahead.

To know about AegonLife’s life insurance products and saving plans and other products like ULIPs, visit our home page.

A-Z of How to buy term insurance online
How to get a quote for term insurance?