Term Plans
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.
Note: Know more about what is term insurance first before reading this article.
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.
Term Plans
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.
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Get an online discount of upto 15%#
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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.
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.
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.
˜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.
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+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.
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