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2 Crore Term Insurance Calculator

A 2 Cr term insurance premium calculator is a free online tool that helps customers easily estimate the premiums applicable for their profile for a 2 Crore term insurance plan. This calculator uses your age, gender, and required policy details to give accurate premiums. Let us take a look at the meaning, benefits, and workings of a 2 crore term plan calculator. 

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What is the 2 Crore Term Plan Calculator?

2 Crore term insurance calculator is an online tool that helps customers calculate the approximate premiums they need to pay for their desired 2 crore term insurance plans. These plans help you financially secure your loved ones at affordable premiums. The 2 crore term calculator allows you to make quick, easy, and accurate calculations in just minutes. You can also check the available plans list to find the most suitable 2 crore term insurance for yourself.

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 Benefits of Using a 2 Crore Term Insurance Calculator?

Here is the list of benefits of using a 2 cr term insurance premium calculator:

  • Accurate Estimates: You can quickly calculate the applicable premiums for a 2 crore term insurance policy, helping you plan your finances better.

  • Time-saving: Instantly get 2 crore term insurance premiums quotes without the need to contact multiple insurance providers manually.

  • Customization: Easily adjust coverage amounts, policy terms, and other variables to see how changes impact your premiums.

  • Informed Decision-Making: You can get a clear understanding of what you can afford and what each plan offers, helping you make a well-informed choice.

  • Convenience: You can use the 2 cr term insurance premium calculator anytime, anywhere, from the comfort of your home.

one crore term plan

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₹1 CRORE

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How Does a 2 Crore Term Insurance Calculator Work?

Here is how the 2 Crore term plan calculators works:

  1. Enter Personal Information

    You need to fill in your personal information, like your age, gender, and smoking habits, to use the 2 cr term insurance premium calculator.

    • Age: The younger you are at the time of buying term insurance, the lower your premiums will be.

    • Gender: For female customers the term insurance plans are slightly more affordable compared to male term plans. 

    • Smoking Habits: Smokers usually have to pay slightly higher premiums than non-smokers.

  2. Select Suitable Policy Details

    Now you need to select the suitable policy details like policy term and the 2 Crore sum assured. Before selecting the suitable sum assured, it is recommended that you use an HLV calculator to get an estimate of the ideal sum assured for your profile. 

    • Sum Assured: The higher your sum assured will be the more your premiums will be.

    • Policy Term: The term insurance premiums applicable for different policy terms change for various insurers.

    • Premium Pay Term: The premium pay term affects the premiums as the premiums charged in the regular pay term may be lower than limited pay premium, but in the long run, the overall premiums charged in the limited pay term are much lower than regular pay term.

  3. Calculate and Compare Plans

    The applicable term life insurance premiums for your 2 Crore term insurance will be displayed on the screen and you can click on the ‘Check your Premium’ button to see the list of available plans. You can compare and choose the most suitable 2 Crore term insurance plan and proceed to pay.

How to Buy 2 Crore Term Insurance Plans from Policybazaar?

Here is how you can buy a 2 Crore term insurance plan from Policybazaar online:

Step 1: Visit the term insurance page of Policybazaar

Step 2: Enter the required information like name, age, and mobile number

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

Step 4: Choose the sum assured as 2 Crore and opt for the most suitable 2 crore term insurance 

Step 5: Proceed to pay

Wrapping it Up!

Before buying the most suitable 2 Crore term plans, you should use the 2 cr term insurance premium calculator to get an accurate estimate of the insurance premiums applicable to your profile. These calculators are free of cost and provide accurate estimates in just a few minutes. You can check the premiums and compare the available plans to find the most suitable plan for yourself.


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