LIC’s term insurance premium calculator is an online tool that helps its customers to calculate the premium, that is payable for the term policy that they desired to purchase. They are only required to enter vital information and the calculator calculates the premiums based on the information provided. The calculator is specifically designed for the fast calculation of the premium amount.
These are the benefits of the Term Insurance Premium Calculator provided by LIC:
Term insurance premium calculators play an important role when an individual is trying to make a decision on which term insurance plan to buy. Here are a few pointers on why a premium calculator might help:
Check and compare plans from 21 IRDAI-approved term insurance providers before purchasing a term plan.