Life insurance is a type of insurance that pays out a lump sum or an annuity in the event of death. Life insurance protects people from financial ruin and provides for their dependents. In India, life insurance policies are available for people of all ages, but the cost differs depending on age and gender, location, health history, etc.
For example, a person aged 53 years old male in India would have to pay Rs. 3000 to Rs.5000 per month for a 10-year term policy with total coverage of 1 Crore while the cost of life insurance for a 53-year-old healthy female may pay Rs.3000 to Rs. 4000 per month for 10 years term and total cover up to 1 Crore.
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 57 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 57 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. 9500* to 10,000*.
The average cost of life insurance for 57 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. 9000* to 9500*.