PNB Life Insurance Calculator

When planning for life insurance, it’s important to understand how much coverage you need and what premium you can afford. The PNB Life Insurance Calculator is an easy-to-use tool designed to help you estimate the cost of your insurance policy, determine the sum assured, and customize the plan based on your financial goals.

51 Partners Insurance Partners

10.5 Crore Registered Consumer

5.3 Crore Policies Sold

We are rated ++ rating

₹1 Crore Life cover starting from ₹403/month⁺

Lowest Price Guarantee ^˜

Male

Female

Name

Date of Birth (DD/MM/YYYY)

Mobile Number

Check Your Premium Now

Get Updates on WhatsApp

Offered by PNB MetLife, one of India’s leading insurance providers, this calculator simplifies the process of choosing the right insurance policy.

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⁺

What is the PNB Life Insurance Calculator?

The PNB Life Insurance Calculator is an online tool provided by PNB MetLife that helps prospective policyholders estimate their life insurance premiums and coverage based on their needs. By inputting certain details, such as age, annual income, policy term, and preferred coverage amount, users can quickly see how much premium they will need to pay. This helps make an informed decision on the life insurance policy that best fits their budget and protection needs.

What are the Benefits of Using PNB Life Insurance Calculator?

Informed Decision-Making

The life or term insurance calculator helps you understand the relationship between coverage and premium, allowing you to choose a policy that aligns with your financial needs. It ensures you don’t underinsure or overpay for a policy.
Saves Time

Instead of visiting insurance branches or contacting agents, the calculator provides instant results online, saving you time and effort.
Financial Planning

By knowing your estimated premium, you can better plan your finances and ensure the premium payments fit within your budget.
Explore Multiple Options

The calculator allows you to compare different life insurance policies and payment options, enabling you to find a plan that offers maximum benefits at a competitive premium.
Affordability Check

The calculator allows you to experiment with different policy terms and sum assured to find the best combination that fits your budget, ensuring you don’t overstretch your finances.

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

How to Use the PNB Life Insurance Calculator?

Step 1: Visit the life insurance premium calculator page

Step 2: Fill in the age, smoking habits, gender, sum assured, and policy term requirements

Step 3: The approximate premiums you need to pay for your PNB life insurance will be displayed

Step 4: Compare the available PNB life insurance plans and proceed to pay

What are the Key Features of PNB Life Insurance Calculator?

Easy to Use

The PNB Life insurance calculator is user-friendly and can be accessed through PNB MetLife's official website. It requires minimal information to generate results, making it easy for users to navigate and calculate their premiums quickly.
Customization

The tool allows you to adjust parameters such as sum assured (coverage amount), policy term, premium payment frequency, and additional riders. This helps you tailor the insurance policy to suit your specific requirements.
Instant Results

Once you input the necessary details, the calculator provides instant life insurance quotes. This allows you to explore multiple options, tweak variables, and choose the most suitable plan without delay.
Compare Premiums

The calculator helps you compare premiums for different life insurance products, making it easier to find a plan that best balances between coverage and affordability.
Transparency

Using the calculator provides transparency regarding premium costs, ensuring no hidden charges exist. This lets you better plan your budget before committing to an insurance plan.

What are the Factors That Affect PNB Life Insurance Premium Calculation?

Several factors affect the premium estimated by the PNB Life Insurance Calculator:

Age and Sum Assured: Younger individuals generally pay lower premiums as they are perceived to have a lower risk of death. Also, the higher the sum assured, the higher the premium.
Policy Tenure: Longer policy terms may result in higher premiums, but they also provide extended coverage.
Health and Lifestyle: The premium will be higher due to increased risk if you are a smoker or have existing health conditions.
Riders: Adding life insurance riders increases the premium but provides additional protection.
Premium Payment Frequency: Paying premiums annually might result in lower costs than monthly or quarterly payments, as insurers often offer discounts for annual payments.

Wrapping it Up!

The PNB Life Insurance Calculator is a powerful tool that simplifies the process of selecting and planning a life insurance policy. It enables you to get an instant estimate of your premium based on your coverage needs and financial situation. Whether you are looking for a basic term insurance plan or a more comprehensive savings or child plan, the calculator offers the flexibility to explore different options and make an informed decision. With the right inputs and adjustments, you can ensure that you choose a plan that provides the best protection for your loved ones while staying within your budget.

Note: You should also check the term life insurance benefits if you are planning to purchase the term insurance plan.

People also search for

What is Term Life Insurance

Different types of Plans

Term Insurance

View Plans

Life Insurance

View Plans

List of Term Insurance Companies

View Plans

TROP

View Plans

Term Insurance For Senior Citizen

View Plans

Term Insurance For Spouse

View Plans

Term Insurance For Family

View Plans

Term Insurance For NRI

View Plans

List of Term Insurance Plan

View Plans

Life Insurance Corporation of India

View Plans

What is Term Insurance?

View Plans

Term Insurance Calculator

View Plans

1 Crore Term Insurance

View Plans

2 Crore Term Insurance

View Plans

Explore the popular searches and stay informed

˜Top plans are based on annualized premium, for bookings made through https://www.policybazaar.com in FY 25.

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

Rs. 400/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. 400/month (Rs.13/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.

+Rs. 230 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. 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. 12/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. 497/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. 487/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. 626/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. 905/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. 1,267/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.

*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. 447/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.679/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. 910/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. 1,924month 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.

Women

+Rs. 400/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, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

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.