Prices Increasing soon Prices Increasing Soon

Max Life Insurance Online Term Plan Calculator

The Max Term Plan Calculator 2024 helps you easily estimate the premiums for your chosen term insurance plan. It is a user-friendly online tool that calculates term plan premiums within seconds. Moreover, the Max Term Plan Calculator allows you to compare premiums amongst term plans of Indian insurers, helping you select the plan with features and benefits. Let’s understand more about the Max Term Insurance Premium Calculator here.

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount# for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
rating
7.7 Crore
Registered Consumer
50
Insurance Partners
4.2 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from /month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Note: Know more about what is term insurance first before reading this article.

Why Should You Use Max Life Online Term Plan Calculator?

Max Life Insurance Online Term Plan Calculator is a free online tool to assist policy buyers in calculating the payable premium amount for a particular premium term and sum assured. This term plan calculator considers factors such as age, gender, life cover, etc., to suggest the term insurance plan provided by Max Life Insurance at an affordable premium rate.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

What Are The Details Required To Use Max Term Insurance Premium Calculator?

The following are some of the basic details you need to mention while calculating the premium amount of the Max Term Insurance policy:

  • Gender

  • Age

  • Life Cover Amount

  • Policy Duration

How To Use Max Term Insurance Calculator?

To use the Max Term Insurance Calculator 2024, you need to follow the below-mentioned steps:

Step 1: Visit the Term Insurance Premium Calculator Page of Policybazaar

Step 2: Enter your age and gender

Step 3: Enter the chosen life cover and duration of the policy

Step 4: Click on the ‘View Plans’ button and choose the Max Term Plan list available

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 10%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Why Use Max Term Insurance Premium Calculator?

Below are the key uses of the Max Term Insurance Premium Calculator:

  • Max Life Online Term Plan Calculator estimates the premium needed based on your desired coverage for your life insurance plan.

  • Easily compare different term plans offered by Max Life Insurance to find the best fit.

  • Adjust plan parameters, such as life cover, policy terms, and other parameters, to match your needs.

  • Quickly generate premium estimates and identify cost-effective options, saving time and effort.

What Are The Benefits Of Max Term Insurance Calculator?

Here are the key benefits offered by Max Term Insurance Premium Calculator:

  1. Effective Assessment of Plan Benefits and Features

    In case of offline purchases, the policy buyer must manually visit or call the insurance companies to find out the premium rates and other policy benefits. Manual comparison and analysis of plans offered by multiple insurers is not only a tedious task but also prone to an enhanced risk of calculation errors. With the use of Max Life Insurance Online Term Plan Calculator, the comparison of plans and benefits offered by the insurer is easier and more effective. Though this online calculation tool provides a rough figure of the premium values, the calculations are precise and error-free.

  2. Safe and Quick Purchase

    By reducing the risk manual calculation, the Max Life Insurance Online Term Plan Calculator facilitates the policy aspirant to evaluate the plans, choose an affordable plan that satisfies his/her financial requirements, and make the purchase instantly by making payments through online modes such as net banking, debit and credit cards, UPI apps and e-wallets. The buyers are also catered with an instant online purchase receipt that can be furnished as proof for tax exemption.

Wrapping It Up!

The Max Term Insurance Premium Calculator is a valuable tool that simplifies the insurance planning process. By providing personalized estimations of premium amounts, coverage amounts, and policy durations, the calculator helps individuals make informed decisions and select an insurance plan that aligns with their requirements and budget. 

However, it is important to remember that the calculator provides indicative results, and consulting with insurance professionals is advisable to receive personalized advice and understand the complete terms and conditions of the chosen policy. Utilize the Max Life Online Term Plan Calculator to streamline your insurance planning and secure the financial future of yourself and your loved ones.

Note: Check out the term life insurance in India and choose one that suits your requirements.

FAQs

  • Q1. Who should purchase term insurance plans?

    A1. A term insurance plan is an important investment for all salaried individuals.

  • Q2. Do I get the insured sum when the policy matures?

    A2. Online or offline term insurance plans do not offer any benefits on the maturation of the plan and if the policyholder is alive till the end of the policy tenure. However, the nominee, as mentioned by the policyholder at the time of purchasing the policy, will get a lump sum amount in case of death or permanent disability, or critical illness of the person insured.

  • Q3. Am I allowed to purchase more than one term insurance plan?

    A3. The policy buyers are permitted to purchase multiple life insurance term plans. You are also free to choose plans either from a single insurance company or multiple companies. Irrespective of the number of policies you own, the maximum life cover offered to you depends on your income, assets, age, and financial liabilities.

  • Q4. Why should I provide the details of my profession while using the Max Life Insurance Online Term Plan Calculator?

    A4. The profession of the expectant policyholder is an important factor that decides the premium sum. Every profession involves a specific percentage of risk towards the employee's life. The higher the risk of the person's profession, the higher the value of the premium.

  • Q5. How much life cover should I choose?

    A5. In general, the term plans offer the flexibility of choosing the assured sum. You must consider your financial liabilities and annual income while choosing your life cover sum. Experts usually suggest that the policyholders must choose their basic life cover 10 to 15 times more than their annual income. The policy buyers are also free to use the online Max Life Insurance Term Plan Human Life Calculator if they are ambiguous about choosing an appropriate life cover sum.

  • Q6. What happens at the end of the term insurance plan?

    A6. Term insurance plans do not offer any maturity benefits at the end of the policy term. However, it offers life cover to the nominee specified by the insured person if in case the policyholder incurs a loss of life within the policy tenure.

  • Q7. Are the premium rates determined by Max Life Insurance Online Term Plan Calculator reliable?

    A7. The premium rates calculated by online Max Life Premium calculators are highly reliable. As there are no manual calculations and intervention of middlemen, the Max Life Insurance Online Term Plan Calculator provides accurate results of premium estimations as long as the input information furnished by the customer is true and precise.

  • Q8. When should I purchase a Max Life Insurance Online Term plan?

    A8. Max Life Insurance Term plan can be purchased any time after 18 years. However, it is better to purchase the plan earlier to incur minimum premium rates.

  • Q9. Is it safe to purchase an online term insurance plan?

    A9. It is 100% safe to purchase a term insurance plan online. However, the policy buyer must make sure that the purchase is made from the authentic online site of the insurance company. Online purchase of term plans provides lower premium rates, minimum documentation, high transparency, and easier premium payment and life cover settlement modes.

  • What are the benefits of term life insurance?

    Ans: Here are 4 common term insurance benefits:
    • Low premium rates
    • Tax Benefits
    • Death Benefit
    • Long term coverage

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.


Premium By Age

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

Choose Term Insurance Plan as per you need

Plans starting from @ ₹473/Month*
Term Insurance
1 Crore Term Insurance
Term Insurance
2 Crore Term Insurance
Term Insurance
4 Crore Term Insurance
Term Insurance
5 Crore Term Insurance
Term Insurance
6 Crore Term Insurance
Term Insurance
7 Crore Term Insurance
Term Insurance
7.5 Crore Term Insurance
Term Insurance
8 Crore Term Insurance
Term Insurance
9 Crore Term Insurance
Term Insurance
15 Crore Term Insurance
Term Insurance
20 Crore Term Insurance
Term Insurance
25 Crore Term Insurance
Term Insurance
30 Crore Term Insurance
Term Insurance
15 Lakh Term Insurance
Term Insurance
60 Lakh Term Insurance

Term insurance Articles

  • Recent Article
  • Popular Articles
27 Nov 2024

Is Term Insurance Covered Under 80C?

Yes, term insurance is covered under 80C. Term insurance not

Read more
27 Nov 2024

Secure Your Future with Term Insurance: A Guide...

Chennai, a bustling city of dreams and opportunities, is home to

Read more
27 Nov 2024

How to Apply for National Overseas Scholarship...

When it comes to financial planning, securing your family’s

Read more
26 Nov 2024

Digit Glow Term Life Insurance Plan

Digit Glow Term Life Insurance is specifically designed to meet

Read more
26 Nov 2024

Claim Guarantee in Term Insurance: Assurance with...

A term insurance policy ensures that your family is financially

Read more

Term Insurance Calculator Online : Get Instant...

Term Insurance Calculator [[ Term Insurance Calculator - Calculate your term insurance premium for free Term

Read more

LIC Jeevan Saral Maturity Calculator

LIC Jeevan Saral Maturity calculator is an online tool that helps potential customers calculate the premiums and

Read more

LIC Surrender Value After 10 Years Calculator

The surrender value of a LIC insurance policy is the amount that the policyholder will receive if they decide to

Read more

Best Term Insurance Plan for 1 Crore : Buy Best...

A ₹1 crore term insurance plan ensures financial security for your family by providing a ₹1 crore payout as a

Read more

Claim Settlement Ratio of Term Insurance Plan...

Claim Settlement Ratio (CSR) is an important parameter in the selection of an insurance policy. If you are going

Read more

Max Life Term Plans Reviews & Ratings

4.3 / 5 (Based on 99 Reviews)
(Showing Newest 10 reviews)
Eca
Telangana, July 22, 2024
At Policybazaar
At PB website I ended up purchasing a term life insurance policy that I am very happy with.
Sundar
Jharkhand, July 22, 2024
Reliable Term Insurance
I highly recommend PolicyBazaar to anyone looking for reliable insurance options.
Pratap
Maharashtra, July 22, 2024
Recommendable PB
Highly recommend PolicyBazaar for insurance needs.
Aamir
Chhattisgarh, July 22, 2024
Easy and Hassle Free Process
As a busy professional, I needed a quick and hassle-free solution. Policybazaar helped me find Bajaj Allianzs Smart Protect Goal plan. The high coverage and low premium were impressive, and the process was incredibly smooth and straightforward.
Bablu
Gujarat, July 22, 2024
Secure and Affordable
HDFC Click 2 Protect Super Term Plan offered me high coverage at an affordable price. As someone who recently started a small business, this plan ensures my family is protected without straining my finances.
Akash
Maharashtra, July 22, 2024
Easy and Simple
Easy and simple platform on Policybazaar helped me pick Tata AIA for its comprehensive coverage.
Nitin
Haryana, July 22, 2024
Secure and Clear
Secure and clear coverage for my family with ICICI Prudential via Policybazaar. Its comforting to know they are protected.
Silender
Punjab, July 22, 2024
Fast and Reliable
Fast and reliable service from Policybazaar helped me select Bajaj Allianz without any delays.
Yogita
West Bengal, July 22, 2024
Time Saving
Saved a lot of time with Policybazaar. Chose Bajaj Allianz quickly and easily.
Manoj
Gujarat, July 22, 2024
Helpful Guidance
Policybazaars guidance led me to the best term insurance plan from Bajaj Allianz.
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL