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1 Crore Term Insurance Calculator

A 1 crore term insurance calculator is an online tool that helps you estimate the premium you need to pay for a term insurance policy with a sum assured of 1 crore. It considers various factors such as age, gender, smoking habits, and policy terms to provide an accurate premium. Let us look at the meaning, benefits, and working of a 1 Crore term insurance calculator.

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What is the 1 Crore Term Insurance Calculator?

The 1 Crore Term Insurance calculator is an online tool that helps customers looking to buy 1 Crore term insurance plans check the applicable premiums for their profile. This calculator helps policy seekers not only save time and get accurate results but also check the available plans along with their premiums for easy comparison.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

What are the Benefits of Using a 1 Crore Term Insurance Calculator?

The benefits of using a 1 Crore term insurance calculator online are as follows:

  • Accurate Estimates: Provides a precise estimate of the premium based on your specific details.

  • Time-Saving: The 1 crore term insurance calculator saves time by giving accurate minute results.

  • Free of Cost: The calculator is free of cost and can be used from anywhere at any time.

  • Informed Decision-Making: This tool helps you choose a 1cr term insurance that fits your budget and requirements.

  • Transparency: Using this 1 Crore term insurance gives you a clear understanding of how premiums are calculated.

How Does 1 Crore Term Insurance Calculator Work?

Here is a step-by-step guide on how to use the 1 Crore term insurance calculator in India:

  1. Enter Personal Details:

    Let us take a look at the information you need to input before using the term insurance calculator:

    • Age: Your current age significantly impacts the premium amount. The younger you are, the lower the premium.

    • Gender: Term Insurance premiums may vary based on gender due to different life expectancy rates.

    • Smoking Habits: Smokers typically pay higher premiums than non-smokers.

  2. Select Policy Details:

    Select the suitable policy details such as sum assured, policy term, and premium pay term:

    • Sum Assured: The sum assured amount in this case is 1 Crore.

    • Policy Term: Choose the duration for which you want coverage. This is the duration for which the insurer will offer coverage.

    • Premium Payment Term: Decide whether you want to pay premiums throughout the policy term or for a limited period.

  3. Calculate Premium:

    Once you input all the necessary details, the calculator will provide an estimated premium amount. You can click on the ‘Check Your Premium’ button to view the available plans, compare them to find the most suitable plan for your profile and proceed to pay.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

How to Buy 1 Crore Term Insurance from Policybazaar?

Here is how you can buy a 1 crore term insurance online from Policybazaar:

Step 1: Visit the term insurance page of Policybazaar

Step 2: Fill in the required information like your name, DOB, and contact number

Step 3: Select the applicable smoking habits, occupation type, annual income, and educational qualifications

Step 4: Choose the most suitable 1 Crore term plan and proceed to pay

Wrapping it Up!

A 1 crore term insurance offers significant financial protection for your loved ones. Using a 1 crore term insurance calculator simplifies the process of finding the right policy by providing accurate premium estimates tailored to your personal and policy details. By understanding how these calculators work and the factors affecting premiums, you can make an informed decision to secure your family's future effectively.

Note: You should also check the term insurance benefits if you are planning to purchase the term insurance plan.


Premium By Age

˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com  in the first 6 months of FY 24-25.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

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

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

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+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

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