Term Insurance Calculator

Term Insurance Details

Sum Assured (Coverage Amount)

₹

Recommended: 10-15 times annual income

Policy Term (Years)

Duration of coverage

Current Age

Gender

Smoking Status

Health Status

Payout Option

Lump Sum

Full amount paid at once

Standard

Monthly Income

Fixed monthly payments for specified period

+5% Premium

Increasing Payout

Coverage increases by 5% annually

+15% Premium

Rider Options

Accidental Death Benefit

Additional payout for accidental death

₹2/₹1000 coverage

Critical Illness Rider

Payout on diagnosis of critical illness

₹8/₹1000 coverage

Permanent Disability Rider

Waiver of premium on disability

₹5/₹1000 coverage

Premium Waiver Rider

Waiver of future premiums on disability/illness

₹3/₹1000 coverage

Inflation Rate (%)

For inflation-adjusted coverage calculation