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Bandhan Life Insurance Premium Calculator

InsuranceDekho premium calculator is an online tool through which you can calculate the premium of your life insurance plan before actually buying it. With the help of a premium calculator, you can get personalized results by selecting the cover-up and life cover. The tool helps you to estimate the sum assured according to your requirements from the policy and according to your budget. The premium calculator is designed specifically to calculate monthly amounts of premiums to achieve the sum assured.

Bandhan Life Insurance Premium Calculator

There are various important factors that decide the premium value of a life insurance policy. He/she can calculate the premium amount by filling in the following details:

  • Gender
  • Date of Birth
  • Annual Income
  • Income growth rate
  • Retirement At what age
  • Unpaid loans amount
  • Existing policy Cover (if any)

How to Use an Bandhan Life Insurance Calculator?

InsuranceDekho provides the facility to access the Bandhan Life Insurance premium calculator online. You can calculate the life insurance premium by following simple steps:

Step 1: Click on the ‘Premium Calculator’ on the ‘Life Insurance’ page of InsuranceDekho.

Step 2: Enter your personal details as asked. These may include your age, gender, cover-up and life cover.

Step 3: After filling in the necessary details the total premium is calculated instantly and the calculated premium can vary when you change the variables like age, gender, cover-up and life cover.

Benefits of Bandhan Life Insurance Premium Calculator

The benefits of using the InsuranceDekho Life insurance premium calculator are as follows:

  1. Saves Money: You can opt for the highest possible life cover amount that suits your budget and you can also opt for additional benefits at the best possible rate of premium offered by Bandhan life insurance.
  2. No Scope of Miscalculation: The premium calculator helps in calculating premiums accurately for the policy that you should be paying for your life insurance policy. This helps you calculate premiums as per your budget.
  3. Helps In Better Decision Making: It helps you to calculate the payable premium and is also helpful in making better decisions. You can include add-ons under your policy and select the time period that best suits you according to your budget.
  4. Instant Calculation: A life insurance premium calculator saves you from complex calculations of life insurance premiums. By entering general information like age, gender, cover-up and life cover customers can instantly calculate the premium. The calculator is specifically designed for the instant calculation of the premium amount according to your budget.
  5. Easy to Use: InsuranceDekho life insurance premium calculators offer the utmost ease to customers. Also, anybody can have access to the tool. All the customer is required to do is enter their personal details and the premium will be calculated easily.

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

calendericon

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification
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Why to Buy Life Insurance Policy Online from InsuranceDekho

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  • 66 Lacs+ happy customers

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User Reviews

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What users are saying
  • All
  • Personalised Follow-up

    I was impressed by InsuranceDekho's personalized follow-up after I purchased my Aegon Life Insurance policy. Their genuine concern for my well-being stood out, showcasing exceptional customer engagement. Thank you, InsuranceDekho, for delivering such outstanding service.

    V
    Bandhan
    By Vishal Tanwar
    On: Mar 05, 2024
  • Nice Features

    Purchasing a life insurance policy from InsuranceDekho was easy and smooth. The InsuranceDekho company provides excellent features like anytime assistance, free consultation at home, a policy tracker, and many more useful features. Through their customer-centric facilities, I was able to purchase an Aegon Life Insurance Plan with ease. Thank you InsuranceDekho team for helping me out with the process.

    C
    Bandhan
    By Chetna Pandey
    On: Feb 07, 2024
  • Dedicated Customer Team Suppor...

    The team of InsuranceDekho helped me with important information when I was buying the Aegon Life Insurance plan with them. They helped me understand all about the Aegon Life Insurance Plan in a better way.

    V
    Bandhan
    By Vinod Tiwari
    On: Dec 11, 2023
  • Friendly support team

    The support team of InsuranceDekho was extremely helpful when I was buying the Aegon Life Insurance Policy. They provided me with the right guidance and made it easy for me to buy the same from InsuranceDekho. 

    R
    Bandhan
    By Rajesh Puri
    On: Nov 22, 2023
  • User-Centric Approach

    I recently switched to the Aegon Life Insurance Policy from  InsuranceDekho. The plan focuses on the user's needs and preferences, which is evident in the way their website is designed and the services they offer.

    N
    Bandhan
    By Nitin Kumar
    On: Nov 02, 2023

Claim Process at Bandhan Life Insurance

  • 1

    Claim Intimation

    In the event of the death of the life assured, the insurance company should be intimated as early as possible.
  • 2

    Submission of Documents

    For easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
  • 3

    Claim Evaluation

    After successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.

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FAQs

  • Does age affect the calculation of premium?

    Yes, age does affect the calculation of premium as it is an important factor. As the age increases so do the insurance premium. It is recommended to get term insurance at an early age to avail high life coverage at an affordable price. 

  • Will the premium amount increase after I have purchased the policy?

    The ‘basic premium amount’ stays constant throughout the term of policy but the renewal premiums change due to taxes levied by the government and change in premium payment frequency.

  • How do personal habits like smoking affect the premium of a life insurance plan?

    Premiums for smokers are generally high because of the smoking habits they are counted in a high-risk category. 

  • What is a free look period?

    A free look period is offered by the insurance companies. A free look period of 15 days is offered from the day the policyholder receives the original policy documents if the policy is purchased through distance marketing the free look period offered is 30 days.

  • How to choose the right life insurance plan?

    Before buying a life insurance plan consider the claim settlement ratio of the insurance company, availability of optional critical illness benefits and availability of addition of accidental death benefits. 

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