Indicative annual term-insurance premium from age, sum assured, tenure and smoker status, using an illustrative rate-per-lakh table -- not an insurer's actual rate card.
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Fill in the fields above and select Calculate for an instant estimate.
Computed in your browser from the same formulas the full app uses — it is not saved and does not factor in every detail (taxes, exact compounding dates, fees) the way a saved scenario does. Sign in to save, share, or view history →
The calculator applies the standard formula for this calculation to the values you enter and returns the result instantly.
Indicative annual term-insurance premium from age, sum assured, tenure and smoker status, using an illustrative rate-per-lakh table -- not an insurer's actual rate card.
You will need: Current Age, Sum Assured (₹), Policy Tenure (Years), Smoker/Tobacco User.
It shows Indicative Premium per ₹1L Cover, Indicative Annual Premium, Approximate Estimate, computed instantly from the values you enter.
Yes, this calculator is free to use. Sign in to save your scenarios, view your calculation history, or share results directly in a Goonjar chat.
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