ICICI Prudential life insurance calculator is a tool to calculate the premium amount of the life insurance policy online. This online calculator helps you calculate the premium according to the plan, age, policy term and sum assured. If you are looking to purchase a policy online then it is the easiest yet quick way to calculate the premium cost. Using the ICICI prudential life insurance calculator can be beneficial for you. It can provide you with just the plan that fits your budget and fulfill your needs.
Using ICICI Prudential life insurance calculator comes with many benefits. ICICI Prudential life insurance calculator calculates the premium cost as well as compares different plans so that you can choose the right plan that fits your needs. Here are some more benefits of using ICICI Prudential life insurance calculator.
Quick and Easy Way to Calculate Premium: ICICI Prudential life insurance calculator is a quick and easy medium to purchase the right insurance plan for yourself and your family. It tells you the premium cost of the plan you want to purchase without any miscalculation.
Calculate Actual Amount: ICICI Prudential life insurance calculator lets you calculate the exact amount that you will have to pay for the kind of coverage you desire. The calculator gives you an idea of the amount you will have to spend on the life cover so that you can plan your expenditure accordingly.
Compare then Choose: ICICI Prudential life insurance calculator lets you compare different plans. By comparing different plans you can differentiate between their coverage as well as premium costs. After comparing different plans and their premium costs, you can choose the right plan as per your needs.
Tax Benefits: You can avail of tax benefits under Section 80C of the Income Tax Act.
*Tax benefit is subject to change in tax laws.
Purchasing the ICICI Prudential life insurance online using the premium calculator is the best and easiest way possible. It saves time and also cost-effective.
ICICI Prudential Life insurance calculates the premium cost in 3 steps. They are as follows:
While calculating the premium using ICICI Prudential life insurance calculator, you’ll have to enter you age, gender, number of children, annual income and marital status.
Once you’ve filled in personal details, you’ll have to fill in the type of policy you’re looking for or the name of the policy then the tenure and premium payment term. It will aslo ask you to fill in the desired sum assured. You can also add-on more features as per your needs.
After the calculation, it will provide some good life insurance plans according to the details you have filled in. Then you can compare and choose the best ICICI Prudential life insurance plan and proceed to buy.
It is advised by the insurance experts to purchase the life insurance plan online. Online purchase of the life insurance plan tends to have more benefits than offline purchase. It reduces the additional fee of the insurance agent as well.