How Much Does Life Insurance Cost In India?
The cost of life insurance in India can vary based on several factors, including the type of policy, the sum assured, the policyholder's age, health condition, smoking habits, and the term of the policy, etc.
Let's consider a 30-year-old non-smoking male with good health who wants to purchase a term life insurance policy with a sum assured of Rs. 50 lakhs for a policy term of 20 years. The premium cost of different insurance providers in India is from Rs. 400* to Rs. 600* per Month.
The above premium rates are illustrative purposes and the actual cost of life insurance can vary based on the specific details of the individual, as well as the insurance provider's underwriting criteria. So, it's essential to compare online quotes from PolicyBachat to find an affordable life insurance policy.
How Much is Life Insurance for a 71 Year Old in India?
Life insurance is a financial product that provides protection against the risk of death. The cost of life insurance for an individual can vary depending on factors such as age, gender, health, and salary, other factors.
The average cost of life insurance for 71 years old Male, with no Tobacco habits, and an annual income of 10 Lakhs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Policy Term up to 99 years is around Rs. 18,000* to 20,000*.
The average cost of life insurance for 71 years old Female, with no Tobacco habits, and an annual income of 10 Lacs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Payment Term up to 99 years is around Rs. 15,000* to 18,000*.
How Much is Life Insurance for a 69 Year Old in India?
Life insurance is a financial product that provides protection against the risk of death. The cost of life insurance for an individual can vary depending on factors such as age, gender, health, and salary, other factors.
The average cost of life insurance for 69 years old Male, with no Tobacco habits, and an annual income of 10 Lakhs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Policy Term up to 99 years is around Rs. 17,000* to 20,000*.
The average cost of life insurance for 69 years old Female, with no Tobacco habits, and an annual income of 10 Lacs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Payment Term up to 99 years is around Rs. 14,000* to 18,000*.
How Much is Life Insurance for a 66 Year Old in India?
Life insurance is a financial product that provides protection against the risk of death. The cost of life insurance for an individual can vary depending on factors such as age, gender, health, and salary, other factors.
The average cost of life insurance for 66 years old Male, with no Tobacco habits, and an annual income of 10 Lakhs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Policy Term up to 99 years is around Rs. 15,000* to 17,000*.
The average cost of life insurance for 66 years old Female, with no Tobacco habits, and an annual income of 10 Lacs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Payment Term up to 99 years is around Rs. 13,000* to 15,000*.
How Much is Life Insurance for a 63 Year Old in India?
Life insurance is a financial product that provides protection against the risk of death. The cost of life insurance for an individual can vary depending on factors such as age, gender, health, and salary, other factors.
The average cost of life insurance for 63 years old Male, with no Tobacco habits, and an annual income of 10 Lakhs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Policy Term up to 99 years is around Rs. 12,000* to 13,000*.
The average cost of life insurance for 63 years old Female, with no Tobacco habits, and an annual income of 10 Lacs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Payment Term up to 99 years is around Rs. 10,000* to 12,000*.
How Much is Life Insurance for a 59-Year-Old in India?
Life insurance is a financial product that provides protection against the risk of death. The cost of life insurance for an individual can vary depending on factors such as age, gender, health, and salary, other factors.
The average cost of life insurance for 59 years old Male, with no Tobacco habits, and an annual income of 10 Lakhs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Policy Term up to 99 years is around Rs. 10,000* to 11000*.
The average cost of life insurance for 59 years old Female, with no Tobacco habits, and an annual income of 10 Lacs. The premium payment mode is Monthly and the Sum assured is 1 Crore, the Payment Term up to 99 years is around Rs. 9500* to 10,500*.