Cost of Delay Calculator

A cost of delay calculator is a useful tool as it creates awareness about the importance of purchasing a term life insurance as soon as possible. It gives a monetary representation of how the term insurance premium rates increase with the increase in age. You can use the calculator to see what a term plan will cost you today and the estimated cost of the same plan a few years later. 

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What is the Cost of Delay Calculator?

A cost of delay calculator is an online tool that helps you understand the importance of purchasing a term life insurance as soon as possible. It estimates the premium amount you would need to pay today for a term insurance plan and the premium amount you would need to pay for the same plan a certain number of years later. The calculator is a great tool to reinstate the importance of buying a term insurance plan at an early age as it gives proof of how much more expensive the same plan could cost a few years later.

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Life Cover

@ Starting from ₹ 16/day+


Life Cover

@ Starting from ₹ 8/day+


Life Cover

@ Starting from ₹ 12/day+

Information Required to Use the Cost of Delay Calculator

Here is a list of all the information you would need to input in the cost of delay calculator:

  • Desired Sum Assured

  • Date of Birth

  • Gender

  • Tobacco Consumption

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How To Use the Cost of Delay Calculator?

You can use the cost of delay calculator by following the below steps:

  • Step 1: Enter your desired life cover amount

  • Step 2: Fill in your date of birth and gender

  • Step 3: Answer lifestyle questions regarding tobacco consumption

  • Step 4: Click ‘Calculate’ to see the current premium amount of the selected plan and the premium amount applicable for the same plan selected number of years later

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