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IndusInd Nippon Life Insurance Calculator

The IndusInd Nippon Life Insurance Calculator is an online tool that allows you to get an estimate of the premium payable for a life insurance policy. You may obtain the estimate by entering your age, the sum assured amount, the type of insurance policy you want to buy, etc. The calculator, previously known as Reliance Nippon Life Insurance Calculator, helps a policyholder understand the approximate amount that he/she will have to pay in order to obtain life insurance coverage and hence assists them in planning their budget accordingly.

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₹1 Crore Life cover starting from ⁺

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What is the IndusInd Nippon Life Insurance Calculator?

The IndusInd Nippon Life Insurance calculator is an online tool that allows you to calculate how much premium is going to be due under your IndusInd Nippon life insurance policy, based on your age, the sum assured, and tenure of the policy. By using the calculator, the following things can be done:

Find out how the approximate premium changes when sums assured are varied.
Estimate your premium before purchasing a policy to know whether to get it or not.
Take well-informed decisions by comparing the estimate and policy benefits, terms, etc.

Note: The IndusInd Nippon Life Insurance Calculator was earlier known as the Reliance Life Insurance Calculator. Even if you find one by the former name, it still performs these tasks similarly.

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day⁺

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day⁺

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day⁺

How to Use the IndusInd Nippon Life Insurance Calculator?

Here is the list of steps you need to follow to use the IndusInd Nippon Life Insurance Calculator online:

Step 1: Visit the life insurance calculator page of Policybazaar
Step 2: Select the right age, gender, smoking habits, and choose the suitable sum assured, and policy term
Step 3: The approximate premiums applicable to your profile will be displayed on the screen
Step 4: You can click on the ‘Check your Premium’ option to check the available plans available for you
Step 5: Choose the most suitable life insurance plan and proceed to pay

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%^#

Compare 40+ plans from 15 Insurers

⁺Standard T&C Applied

What are the Benefits of Using the IndusInd Nippon Life Insurance Calculator?

The following are some advantages of utilising the IndusInd Nippon Life Insurance Calculator:

Easier Comparison: IndusInd Nippon Life Insurance Calculator helps users compare various types of life insurance plans to choose the best.
Saves Time: This is a fast and easy service that can be done from the comfort of one’s home.
Accurate Estimates: The estimates given by the calculator are accurate; therefore, you will not be far off from the actual premiums.
Simple to Use: It is simple to use, and all the steps are clearly explained on the website.
Helps in Better Financial Planning: The calculator also gives an idea about the premium amount, which helps one understand the cost of insurance and plan finances better.

What are the Information Required to Use the IndusInd Nippon Life Insurance Calculator?

The following information is required while using the IndusInd Nippon Life Insurance Calculator:

Personal Information: The calculator needs the personal information of the customer, e.g., date of birth, gender, etc.
Health Information: Certain inquiries regarding the health of the customer are required by the calculator, such as smoking habits, lifestyle, etc, especially for term insurance plans.
Sum Assured: This is required to calculate the premium amount.
Term of the Policy: The customer must determine for how long he/she wants to invest in the policy and make this information available to the calculator.

What Factors Affect IndusInd Nippon Life Insurance Premium Rates?

Certain factors directly affect the premium rates of life insurance plans. Therefore, customers must know about these factors before they make a plan purchase. They are as follows:

Age: Premium rates are lower for younger customers. It is hence advisable to begin investing in life insurance early.
Gender: Women get better premium rates than men.
Sum Assured: A higher sum assured generally means a higher overall premium.
Occupation: People in dangerous occupations usually have to pay higher premiums, like sailors, miners, pilots, etc.
Premium Payment Term: If the premium payment term is for a longer duration, the premium amount will be less in comparison to shorter tenures.

Why Should You Buy an IndusInd Life Insurance Plan?

IndusInd Nippon Life Insurance Plan provides life coverage at a nominal cost for customers. This plan is good for those who want to create a corpus that their family can inherit in the event of their demise. This protects the family and provides them with financial independence.

Assured Investment: This policy assures the customer and his/her family of a secured amount, which can be used at a time of their choosing.
Death Benefit: The recipient of the policy can receive the death benefit upon the demise of the life insured and provide for their dependents’ security.
Tax Benefits: Apart from offering insurance and investment solutions, this plan offers life insurance tax benefits as per Section 80C and Section 10(10D) of the Income Tax Act.

How to Buy an IndusInd Life Insurance Plan from Policybazaar?

Here is how you can buy an IndusInd life insurance plan from Policybazaar:

Step 1: Visit the life insurance page of Policybazaar

Step 2: Fill in your name, gender, and other contact information

Step 3: Select the right annual income, occupation type, educational qualifications, and smoking habits

Step 4: Choose the most suitable IndusInd life insurance plan and proceed to pay

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FAQs

Is it possible to change the nominee in IndusInd Nippon Life Insurance Plan?

Ans: Yes, if a customer wishes to change his nominee, he/she must fill a Nomination Form and submit it at an IndusInd Nippon branch office alongside copies of KYC documents. The document copies must be self-attested.
What is the process to add a rider to the IndusInd Nippon Plan?

Ans: A customer may instate a rider to his plan on any policy anniversary. However, the person will be required to submit a filled and signed request form at a branch office for the same. The addition of a rider usually takes a period of around seven days to be enforced.
What is the process of making partial withdrawals on the IndusInd Nippon Plan?

Ans: A customer can apply for a partial withdrawal once the policy has completed its lock-in period. The following documents will be required:
Request form, savings bank account details, canceled cheque, and KYC documents that the customer has attested. The process usually takes seven days to be completed.
How to calculate the term insurance premium online?

Ans: You can easily calculate the term insurance premium online by using the term plan calculator online tool

Explore the popular searches and stay informed

˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

+On the basis of your profile

+Rs. 410/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10

+Rs. 410/month (Rs.14/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age rounded off to nearest 10

+Rs. 245 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10

+Rs. 15/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10

+Rs. 504/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 494/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 636/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 918/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,286/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 453/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.582/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 786/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,592/month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 525/month is the starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 68 years of age.

+Rs. 668/month is starting price for a 2 crore term life insurance for an 25 year-old male, non-smoker, with no pre-existing diseases, cover upto 45 years of age.

+Rs. 1,200/month is starting price for a 2 crore term life insurance for an 35 year-old male, non-smoker, with no pre-existing diseases, cover upto 55 years of age.

+Rs. 410/month is starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 577/month is starting price for a 1 crore term life insurance for an 18 year-old Male, self employed, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. ₹361/month is the starting price for a ₹1 crore loan cover with an 8% interest rate for an 18-year-old male, non-smoker, with no pre-existing diseases, loan tenure up to 20 years, rounded off to the nearest 10

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.