How much does 1 crore term insurance cost?

nisha_thampy

I have been looking for a term insurance policy for 1 crore. The premium for a 35-year-old male for a 1 crore term insurance policy is around Rs.18,000 per year. I'm not sure if this is the correct premium. Can someone please tell me the correct premium for a 1 crore term insurance policy?

brownduck

Assuming you are referring to a term life insurance policy for 1 Crore INR, the premium will depend on various factors such as the age of the insured, the term of the policy, the insurer, etc.

Some insurers in India that offer a term life insurance policy for 1 Crore INR are ICICI Prudential, HDFC Life, Max Life, Kotak Life, etc.

You can use an online term insurance premium calculator to get an estimate of the premium for a 1 Crore INR term life insurance policy.