IndiaFirst Term Insurance Premium Calculator

IndiaFirst has introduced its own term insurance premium calculator to help users estimate premiums for their term insurance portfolio and compare them to arrive at the best decision. The following sections discuss the IndiaFirst Term Premium Calculator in detail. 

About IndiaFirst’s Term Insurance Premium Calculator

IndiaFirst term insurance premium calculator is a digital tool on the insurer’s website that allows customers to calculate premiums against the desired coverage under a term policy. The tool can be used to compare the premium quotes for all of the term life insurance products offered by IndiaFirst Life Insurance. Based on this comparison, customers can arrive at the right option per their budget and future financial needs. 

How To Use IndiaFirst’s Term Insurance Premium Calculator?

Here is a step-by-step guide on using the IndiaFirst term premium calculator to compare the coverage, quotes, and features of each of the term plans offered by the company. 

• Visit the website of IndiaFirst Life Insurance. 

• Go to the ‘Tools & Calculators’ section. 

• Click on ‘Term Premium Calculator.’

• Enter the requested details such as your date of birth, smoking habit, gender, and contact details. The first three fields are mandatory to use the IndiaFirst term premium calculator to proceed with premium calculation. 

• You have the option to proceed without sharing your contact details as well. Click on the indicated tab if that is how you wish to proceed. 

• The resulting page requires you to fill in the sum assured, policy term, premium paying frequency, benefit payout option, type of premium payment, and the premium payment term. 

• You can also select from the list of add-on riders available with the term plan of your choice to get an idea of the total premium rates. 

• Once all the details are fed, the IndiaFirst term insurance premium calculator displays the premium amount, inclusive of the GST. 

Subsequently, you can change various fields to get more personalized results that fit your requirements. Once you arrive at the desired benefits, click on ‘Buy policy now’ to purchase the policy. 

You can also click on any of the term plans under their listed product offerings and proceed using the steps mentioned above to calculate the respective premiums against each policy. Once you compare and understand the benefits and the premiums payable against each, you can choose to purchase the best term life insurance policy from the company. 

Benefits Of IndiaFirst Term Insurance Premium Calculator

• The tool is free of cost and offers instant premium quotes.

• It is available online and therefore can be used from the comfort of one’s home. 

• The key features of the term plan can be adjusted to arrive at an affordable premium. 

• The premium calculation can be done for monthly, quarterly, half-yearly, or yearly payments, per the convenience of the insurance buyer. 

• It offers personalized results based on the chosen plan and the user’s inputs. 

• It eliminates the scope of miscommunication between agents and buyers. 

Why Should You Use IndiaFirst Term Insurance Premium Calculator?

Premiums payable towards a term insurance policy is one of the most commonly enquired subjects by potential insurance buyers. Buyers are always looking to get comprehensive coverage at affordable premium rates. You should use the IndiaFirst term insurance premium calculator to gauge the affordability of its term insurance plans. Because the tool offers personalized inputs, you get accurate estimations of the premiums you would have to pay. This knowledge helps in your financial decision-making. You can also analyze if the desired coverage can be modified to include riders based on your budget.

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