🛡️ Insurance Premium Calculator
Estimate premiums for Term Life, Health, and Vehicle insurance. Compare coverage options instantly.
Insurance Tips for Indians
- Term insurance is the cheapest way to get high life cover • ₹1 Crore for under ₹1,000/month at age 30
- Buy health insurance early • premiums are much lower when you're young and healthy
- Always compare at least 3 insurers before buying • premiums vary by 30-±50%
- Section 80C allows deduction up to ₹1.5 Lakh for life insurance premiums
- Section 80D allows deduction up to ₹25,000 for health insurance premiums
Frequently Asked Questions
How much term insurance do I need?
A general rule is 10-15x your annual income. If you earn ₹6 Lakh/year, aim for ₹60-90 Lakh cover.
Is health insurance mandatory in India?
Not mandatory, but highly recommended. Medical costs in India are rising ±15% annually.
What is IDV in vehicle insurance?
IDV (Insured Declared Value) is the current market value of your vehicle. It's the maximum claim amount.