Insurance Premium Calculator

Calculate your insurance premium easily. Enter your policy details to estimate your annual premium.

Result:
Enter values and calculate.

How is Insurance Premium Calculated?

  • Formula: Premium = Sum Assured × Annual Premium Rate
  • Example: For ₹5,00,000 sum assured at 1.5% rate, premium = ₹7,500/year.

Premium rates may vary based on age, policy term, and other factors. This tool provides an estimate only.