SBI Term Insurance Calculator

SBI Term Insurance Calculator is an easy-to-use online tool that helps you estimate the right coverage and premium for your term insurance plan. By entering simple details such as your age, gender, policy term, and desired coverage, the calculator instantly shows you the premium you need to pay. With rising responsibilities and lifestyle expenses, having a clear estimate of your insurance needs is important. The SBI Term Insurance Calculator not only saves time but also guides you in choosing a plan that suits your budget and secures your family’s future.

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15 lakh Families Secured
₹13,50,000 Crore of Life Cover Assured
Customer Rating rating 4.8++5 Reviews
₹1 Crore Life cover starting from ₹478/month+
Lowest Price Guarantee ˜
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Note: Know more about what is term insurance first before reading this article.

What is SBI Term Insurance Premium Calculator?

The SBI Term Insurance Premium Calculator 2025 is an online tool that allows you to quickly estimate the premium you need to pay for your SBI term insurance plan. It provides an accurate premium quote based on key factors such as your age, income, lifestyle habits, smoking status, policy term, and the life cover you choose. By entering these details, this term insurance calculator helps you understand the exact cost of securing financial protection for your family. This tool not only saves time but also ensures transparency, making it easier to select a term insurance plan that fits your budget and long-term financial goals.

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+

How To Use SBI Term Insurance Calculator?

You can easily use the SBI term plan calculator online in the following ways:

  • Step 1: Visit the SBI Term Insurance Premium Calculator 2025 page

  • Step 2: Enter information like the age, gender, life cover required, cover till age, and tobacco consumption habits

  • Step 3: The lowest premium payable for your profile will be displayed on the screen

  • Step 4: Click on ‘Check Your Premium’ to see the available plans

  • Step 5: Select the most suitable plan and proceed to pay

The details of your purchase will be sent to you via email.

one crore term plan

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

Why Should You Use SBI Term Insurance Premium Calculator 2025?

Using the SBI Term Insurance Premium Calculator 2025 makes the process of selecting the right term plan much simpler and more transparent. It gives you clarity on how much coverage you should opt for and the premium you need to pay. Here are the key reasons to use this calculator:

  • It allows you to get an instant premium estimate without the need to visit a branch or speak to an agent.

  • It helps you compare different coverage options and choose a term insurance plan that balances affordability with adequate protection.

  • It removes guesswork by showing you an accurate premium amount based on your age, lifestyle, income, and smoking habits.

  • It gives you a clear understanding of how changing the policy term or sum assured can impact your premium.

  • It helps you make an informed decision by aligning the term insurance benefits with your family’s financial needs and future goals.

Life Insurer Details

What are the Benefits of SBI Term Insurance Calculator 2025?

The SBI Term Insurance Calculator 2025 is not just a premium estimator, but also a useful financial planning tool. It offers several advantages that make the process of buying term insurance easier and more reliable. Some of the major benefits include:

  • Time-efficient: It saves time by providing all the required premium details instantly in one place.

  • Transparent Results: It ensures transparency by giving you a clear idea of the premium payable before purchasing the plan.

  • Financial Planning: It helps you plan your finances better by showing the cost of coverage well in advance.

  • Tailored Results: It enables personalisation by providing premium results tailored to your profile and chosen coverage.

  • Compare Term Plans: It assists in choosing the most suitable term plan from SBI Life Insurance by making the selection process quick, easy, and informed.

Information Required To Use SBI Term Plan Calculator

Following details are required to use the SBI term insurance calculator online:

  • Age or Date of Birth

  • Life Cover Required

  • Cover Till Age

  • Gender

  • Smoking Habits

Tax benefit is subject to changes in tax laws. Standard T&C apply.

Note: Check out the best term life insurance in India and choose one that suits your requirements.

FAQs

  • Q: What is the use of SBI Term Plan Calculator?

    Ans: The SBI Term Insurance Premium Calculator helps customers estimate the premium they would need to pay for the desired life cover. They can easily modify policy details to customize the plan as per their needs.
  • Q: What are the features of SBI Term Insurance Premium Calculator 2025?

    Ans: The SBI Term Insurance Calculator offers the following features:
    - Accurate Results
    - Easy and Quick Computations
    - Time and Energy Efficient
    - Easy Comparison
    - Helps in Planning Finances
  • Q: What are the SBI term plan riders available?

    Ans: The available SBI term plan riders differ from plan to plan. You can check the availability of each rider in the policy documents. You can also use the SBI Term Insurance Premium Calculator to check the premiums payable with riders added.
  • Q: How can one renew the SBI term plan online?

    Ans: You can renew SBI term plans online by visiting the company’s official website. For offline renewal, visit the nearest SBI Life Insurance branch.
  • Q: Where can I use the SBI Term Insurance Calculator 2025?

    Ans: You can use the SBI Term Insurance Premium Calculator online on the company’s official website or on Policybazaar’s Term Insurance Calculator page.
  • Q: Within how many days are claims settled by SBI?

    Ans: Claims are generally settled within 15 to 30 days from the date of filing the form.
  • Q: Do SBI term plans offer maturity benefits?

    Ans: No, term plans do not generally offer maturity benefits. However, some plans come with Return of Premium (TROP) features, which allow you to retrieve premiums. You can use the SBI Term Insurance Premium Calculator to estimate premiums for TROP plans.
  • Q: What is SBI Term Insurance Calculator 2025?

    Ans: The SBI Term Insurance Premium Calculator is an online tool that helps you estimate the required premiums for your desired life cover in an easy, quick, and hassle-free way.
  • Q: Does term insurance cover hospitalization costs?

    Ans: Yes, term insurance can cover hospitalization charges if you opt for relevant riders. You can claim the rider benefit and use the payout to cover medical expenses.
Premium By Age

˜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. 487/month (Rs.16/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 38 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.

© Copyright 2008-2025 policybazaar.com. All Rights Reserved

+Rs. 820/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 38 years of age.

+Rs. 1,443/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 38 years of age.

˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.

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SBI Life Term Plans Reviews & Ratings

4.7 / 5 (Based on 67 Reviews)
(Showing Newest 10 reviews)
Yogendra
Gujarat, July 22, 2024
Renewed Term Plan
I recently renewed my term insurance through PolicyBazaar, and I could not be more satisfied with the service.
Virendra
Madhya Pradesh, July 22, 2024
Budget Fit
I had been struggling to find the right term plan that fit both my needs and my budget, I found this platform and I really found a perfect term plan that fits in my budget.
Pravin
Uttar Pradesh, July 22, 2024
Variety Of Term Plan
The variety of Term plan options available is impressive
Rakesh
Haryana, July 22, 2024
Very Pleased
Very pleased with the service and support from PolicyBazaar.
Shiv
Delhi, July 22, 2024
Best Choice for Young Couples
As newlyweds, my husband and I wanted to secure our future together. Kotak Lifes Term Plan gave us high coverage with a low premium. Its the best choice for young couples starting their journey together.
Raja
Maharashtra, July 22, 2024
Easy Navigation
Easy navigation on Policybazaar helped me select a plan from Aegon effortlessly.
Farmaan
Madhya Pradesh, July 22, 2024
Trusted and Detailed
Policybazaar really made the entire term insurance buying process easy. I was able to buy my policy online in just a few minutes.
Vivek
West Bengal, July 22, 2024
Quick and Reliable
Quick and reliable process on Policybazaar helped me pick SBI Life without any delays.
Doodhnath
Uttar Pradesh, July 22, 2024
Easy and Comprehensive
Easy and comprehensive platform on Policybazaar helped me pick Tata AIA for its extensive coverage.
Shelender
Telangana, July 22, 2024
Simple and Quick
Simple and quick process on Policybazaar helped me choose a plan from Aegon.
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