Health Insurance Calculator

A health insurance premium calculator is an online tool designed to help individuals estimate the cost of their health insurance policies. By inputting specific details such as age, gender, medical history, and coverage preferences, users can quickly determine the premium they would need to pay. This tool simplifies the process of selecting an insurance plan by providing a clear understanding of the financial commitment involved.

• Helps You Plan Your Finances
  With a health insurance premium calculator, you can estimate the investment that will go towards your health insurance plan. As the calculator provides you with the accurate insurance premium amount to be paid, it makes it easier for you to gauge and plan your finances accurately.

• You Get to Choose the Best Insurance Plan
  When you use a health insurance premium calculator you can easily choose and compare policies that suit your needs the best. The health insurance premium calculator helps you select an affordable policy that completes the requirements of the health insurance you want.

• Tax Benefits
  Section 80D of the Income Tax Act offers tax benefits on your income when you invest in a health insurance plan. With an insurance premium calculator, you can opt for the insurance options providing you the maximum tax exemptions.

• No Defaults on Your Health Insurance Premium
  The medical insurance calculator helps you stay informed about your premium payments beforehand. You can choose an affordable policy and pay the premium when the time comes.

• Easily Get Add-On Covers
  When you use the insurance calculator, you receive different premium payment quotes per the policies. You also receive add-on cover options, which you can add to your favourite health insurance option. You can select affordable insurance and add to the coverage by opting for these additional covers.

Using the SBI General Health Insurance Premium Calculator is straightforward. First, visit the SBI General Insurance website. Then, enter your personal information, including age, gender, and medical history. Next, choose the type of coverage and sum insured. Finally, click on the calculate button to get an instant premium estimate.

• Age
  Your age is a massive determinant in deciding your insurance premium amount. A younger person must pay a lesser premium as the medical requirements are generally lower for young people. Premium rates increase along with a person's age since an elderly person is at a higher risk of falling sick.

• Medical History
  Any insurance company looks into medical history before offering a premium quote. If you have a family history of any disease, the premium rate might be increased.

• Smoking Habits
  Smokers are at risk of several diseases as compared to non-smokers. Thus, if a person who smokes is opting for health insurance, the premium will be higher than that of a non-smoker.

• Pre-existing illnesses
  If a person has any pre-existing illnesses like asthma, heart conditions, diabetes, etc. will have to pay a higher premium as they will require medical assistance more often.

• Profession
  Hazardous professions like mine working, police service, etc. increase the premium rate for health insurance as the risk of injury is higher.