Life Insurance Premium

Estimate your term life insurance premium and discover our strategy to effectively make your coverage cost-free over time.

Life Insurance Calculator

Find your ideal coverage and learn how to make it cost-free.

Your Profile

Desired Coverage Value

₹

HNI/UHNI? Enter manually (Max: ₹100 Cr)

Age

Yrs

Max: 60 Yrs

Policy Term

Yrs

Max: 40 Yrs

Gender

Habit

Make it Free Strategy

Offset SIP Amount

Small investment to cover premium cost.

₹

Max: ₹1 L

Expected Return

Max: 30%

Estimated Annual Premium

₹15.79 K

Think of it as a self-funding plan: By investing ₹2.00 K monthly, the profits alone will cover your entire premium cost in just 9 years. Effectively, your life insurance becomes free!

Premium Cost

₹4.74 L

Coverage

₹1.00 Cr

Monthly Premium₹1.32 K

Break-even9th Year

SIP Corpus₹61.62 L

Coverage₹1.00 Cr

Why Term Life Insurance?

Term life insurance is the purest and most cost-effective form of life insurance. Unlike endowment or ULIP plans which mix insurance with investment (often poorly), a term plan gives you massive coverage for a fraction of the cost, ensuring your family's financial security in case of unforeseen events.

Pro Tip: Buy Term & Invest the Rest

Never mix insurance and investment. Buy a pure term plan for your coverage needs, and invest the difference (what you would have paid for a costly endowment policy) into equity mutual funds via SIPs. This strategy will almost always result in significantly higher overall wealth generation.