Royal Sundaram Health Insurance Premium Calculator

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      Royal Sundaram Health Insurance Premium Calculator

      If you have purchased a health insurance policy, there is a fixed amount of premium that you need to pay to your insurer every year. This amount is paid against the sum insured that you opt for, which is then utilized to pay for hospitalization expenses in case of an accident or a surgery or operation. Thus, you can compare several health plans using a health insurance premium calculator based on your requirement.

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      While choosing the right health plan there are several other factors that need to be considered. It also helps you to arrive at an estimated health insurance plan price that you can consider.

      Using a health insurance premium calculator, you can find the best health insurance plan at an affordable price and get the policy issued in a short time period. Additionally, you need to know that the health insurance premium calculator takes into consideration several factors like your age, pre-existing diseases, and family history.

      Royal Sundaram Health Insurance at a Glance:

      Key Features

      Highlights

      Network Hospitals

      3000+

      Incurred Claim Ratio (2018-19)

      61%

      Renewability

      Lifelong

      Waiting Period

      3 years

      Policy Tenure Options

      1,2,3 years

      Restoration of Sum Insured

      Up to the base sum insured

      Grace Period

      30 days

      No-claim-Bonus

      In some plans the No-claim-bonus is 10% to 50% and in some plans, it ranges from 10% to 100%

      Daycare procedures

      Up to 200

      Vaccination Charges

      In case of animal bite

      How to Calculate Royal Sundaram Health Insurance Premium?

      With the help of an online health insurance calculator, you can calculate your policy premium. Mediclaim premium calculator requires you to fill in your personal details, to determine your policy premium. Here is a step-by-step guide to help you to understand using a premium calculator online in a better way:

      Step 1: Select the plan you want to buy from different health insurance plans like individual or family floater

      Step 2: Provide your mobile number

      Step 3: Select the number of members who need to be covered

      Step 4: Click on the “get insurance quote” option to get the quotation

      Royal Sundaram Health Insurance Premium Chart

      Royal Sundaram Health Insurance premium chart is given in the product brochures and even in policy wordings. These two are PDF documents that have a table of the premium against different parameters such as the age of the policyholder, coverage amount, and the duration of the policy i.e. 1/2/3 years.

      Advantages of Royal Sundaram Health Insurance Premium Calculator

      Mentioned below are some of the reasons that will help you understand the need of a health insurance premium calculator:

      • Health insurance premium calculator makes the premium calculation a quick and simple task.
      • You can easily plan your finances as the premium calculator gives you tentative premium rates in advance. It allows you to plan your finances.
      • Several health insurance plans are suggested by online health insurance premium calculators. It is possible to compare different health insurance plans and then choose the best health insurance product.
      • Premium calculator ensures that all your needs are fulfilled apart from getting an insurance premium quote.
      • It gives you a better understanding of the health insurance premium chart and the rates mentioned in it

      FAQs

      • Q. What is a health insurance premium calculator?

        Ans: A health insurance calculator is an online tool that helps you to know the premium amount for the health insurance plan that you are planning to purchase. Simply put, the health insurance premium calculator enables you to calculate health insurance premiums as per your needs.

        With this calculator, you can calculate the premium of top health insurance plans. Premium calculation can be a tedious task due to several different parameters that are involved in it. But this can be easily done with a health insurance premium calculator.

      • Q. How is the Health Insurance premium calculated?

        Ans: Health insurance premium is calculated on the basis of the age of the policyholder, plan type, sum insured, tenure and the geographical location of the insured.
      • Q. What are the different Health Insurance plans offered by Royal Sundaram General Insurance Company?

        Ans: Royal Sundaram General Insurance offers two distinct products that provide wide features and benefits. Lifeline and Family Plus offer extensive coverage benefits at an affordable premium.
      • Q. What is the use of Royal Sundaram health insurance calculator?

        Ans: The benefits of the health insurance premium calculator are given below:
        • With the help of a premium calculator, you can get the estimate of your policy premium before purchasing it
        • Based on the policy comparison you can find a health insurance plan from different health insurance plans
        • You can take your own decision as you don’t need to go and meet an insurance agent
      Policybazaar exclusive benefits
      • 30 minutes claim support*(In 120+ cities)
      • Relationship manager For every customer
      • 24*7 claims assistance In 30 mins. guaranteed*
      • Instant policy issuance No medical tests*
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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

      ~Source: Google Review Rating available on:- http://bit.ly/3J20bXZ

      ##On ground claim assistance is available in 114 cities

      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

      Policybazaar is a registered Composite Broker |Registration No. 742, Valid till 09/06/2024, License category- Composite Broker| Visitors are hereby informed that their information submitted on the website may be shared with insurers.

      Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001 Contact Us | Legal and Admin Policies

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