The life insurance industry has seen major changes in terms of reach and competition since the time the private players came into this market. There are approximately 24 life insurance providers in the Indian insurance market and Tata AIA Life Insurance Company is among the top private life insurance providers.
Tata AIA offers a diverse range of insurance plans to its customers. The life insurance covers offered by this company are not only used for securing the future of the insured but can also be used as a wealth creation instrument. At the time of planning any new investment, a customer can use Tata AIA Life Insurance Calculator to get an understanding of the approximate returns.
Tata AIA Life Insurance Calculator is an online tool to calculate the premium of a life insurance plan. A premium calculator provides a clear understanding of the amount of premium that one has to pay towards a life insurance policy offered by Tata AIA Life Insurance Company.
As one knows the amount of premium that he/she has to pay, so he/she can take an informed decision. Customers can try various options and adjust their investment instruments accordingly for achieving their investment goals.
The key benefits of using the Tata AIA Life Insurance Calculator are as follows:
Helpful in Catering a Large Customer-Base:
For insurance providers, life insurance calculators are very helpful as they cater to a large customer base. The insurers can ask their customers to calculate their premiums online by themselves and with this, new leads can easily be generated.
Helps to Understand Product:
Tata AIA Life Insurance calculator helps its customers to understand their product more easily. The customers can get the knowledge about their products and hence can select the most suitable one.
Easy Comparison Process:
The customers can compare different life insurance plans offered by Tata AIA Life Insurance company online as per their premiums by calculating it through the online calculator. In comparison, the research process of the customers becomes very easy as they can shortlist the ones that are as per their premium range.
Less Time and Effort Involved:
The effort and time taken in calculating the premium by the Tata AIA Life Insurance calculator are minimal. This saves a lot of time for the customers when they are finding a suitable life insurance product.
Follow the below steps to use the Tata AIA Life Insurance premium calculator:
Note: One can increase or decrease the sum assured amount (minimum amount is Rs. 50,000) and change the tenure of the policy (minimum tenure is 10 years) for knowing the premium of various sum assured and policy terms.