🛡️ Term Insurance Premium Estimator
A rough, indicative estimate of what a pure term life insurance plan might cost — useful for budgeting before you get real quotes. Actual premiums depend entirely on the insurer's underwriting.
Your details
Estimated premium
Estimated annual premium
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Approx. monthly equivalent
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Rate per ₹1 lakh cover
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Individual term life premiums currently attract 0% GST (exempt since Sep 2025), so the amount shown is close to what you'd actually pay, before any insurer-specific loading.
This is a ballpark, not a quote. Real premiums depend on your medical history, family history, occupation, income, city, and the specific insurer's underwriting — they can easily be 30-50% higher or lower than this estimate. Always compare quotes from 3-4 insurers (e.g. via an aggregator or directly) before buying.
Rates are illustrative, modeled on publicly available indicative term plan pricing patterns as of 2026, and are not from any specific insurer.