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.
#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
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.
Term Plans
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
Secure Your Family Future Today
₹1 CRORE
Term Plan Starting @ ₹449/month+
Get an online discount of upto 10%+
Compare 40+ plans from 15 Insurers
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