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ICICI Term Plan calculator is an online tool specially designed to help potential customers calculate the monthly premium that they need to pay for a term insurance plan they wish to purchase. When purchasing an ICICI Prudential Term policy, this calculator proves to be quite useful and convenient. ICICI Prudential Insurance offers a variety of term insurance policies with different amounts of sum assured. The ICICI Term Insurance Premium Calculator allows you to choose your ideal sum assured and customize your plan as per your insurance requirements and budget.
In this article, we will discuss the importance and benefits of using the ICICI Term Plan calculator.
If you have decided to go for ICICI Term Insurance plans, then before proceeding you must calculate your premium well in advance. Doing this will give you an approximate estimate of your policy premium. Still confused? Well let's help you understand the need for an ICICI Term plan premium calculator with the help of an example:
Mrs Sharma and her friend Mrs Negi decided to buy the ICICI Term Insurance plan. Mrs Negi used the ICICI Prudential Premium calculator to get her plan's quotations and suggested Mrs Sharma do the same. However, she denied it and preferred to go with the agent's quotations.
When compared, Mrs Sharma had to pay 30% extra than what Mrs Negi paid for the same policy. Apparently, she had to pay for the agent's fees and other additional charges, whereas, Mrs Negi was able to buy her policy online from the comfort of her home and also bagged some online discount.
With the help of the ICICI Term Insurance Premium Calculator, you will save time and will be able to manage your future finances well in advance. It will also recommend an best term insurance plan that meets your needs in less than a few minutes.
The online ICICI Term plan premium calculator makes calculating ICICI Prudential Term Insurance premium a simple and easy task. To use the ICICI Prudential Term Insurance Premium Calculator, follow the steps below:
Step 1: Visit the official website of ICICI Prudential, from the top menu, go to the “Library†tab, and select Tools and Calculators.
Step 2: Select the Term Insurance calculator and enter your personal information, such as age, gender, coverage amount, and life cover, into the ICICI Prudential term insurance premium calculator.
Step 3: The premium will be computed instantly when you fill in these facts. You may also alter the computed premium by altering variables such as age, life insurance, gender, and so on.
Check and compare plans from 21 IRDAI-approved term insurance providers before purchasing a term plan.
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Piyush
Raipur
May 1, 2023
I seek help from PolicyX when it comes to purchasing any kind of insurance because they provide me with the best quotes and options for insurance
Priya Sharma
Jaipur
December 14, 2022
PolicyX has a smooth service from booking policy to verification. Employees are very patient and have good knowledge and help you throughout the process. Had great experience dealing with them
Somesh
Agra
December 9, 2022
I had many confusions regarding the term policies . But Policyx has handled it well, m happy that they are my wayfarer in this journey.
Prerna Kumari
Mumbai
July 11, 2022
Good company. Presents nice term insurance plans and flexible plans also. My husband has brought one for the family.
Priya Sangwan
Mumbai
July 11, 2022
IndiaFirst Term Insurance company ensures that your family s needs are looked after. One of the best companies offers a term plan per your needs.
Priyanshi Deewan
Hyderabad
July 6, 2022
I recently received the claim amount of the policy that my husband had brought for us. I am glad that the company understands the needs of its customers and their families. Well done Canara HSB...
Rishabh Kumar
Delhi
July 6, 2022
I bought a term plan with Canara HSBC for the protection of my family and have been satisfied with the benefits received. It is simple and easy to buy their plans.
Samarth Gaur
Chennai
July 6, 2022
I am very happy with the term plans offered by the Canara HSBC Life Insurance company. The plans offer comprehensive coverage and I am sure will support my family after my demise.
Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.
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