• Aviva Term Insurance Premium Calculator

    Life Insurance
    • Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
    • Convenient payment options - annual, half-yearly, quarterly or monthly premium payments
    • Do more with plans that offer pure protection, retirement planning and investment option

    In these times of uncertainty, term insurance plans bring stability to one’s life. These plans are primarily intended to protect the financial security of one’s dependents following his/her unexpected death. Aviva Life Insurance has different types of term insurance plans in its lineup. Similar to most term plans in the market, these policies are affordably priced and they offer high-value coverage for policyholders. The company also has premium calculators on its official website to help customers find the right policy within their affordable range.

    Why use premium calculators?

    Before signing up for a term insurance policy, customers would like to know the price of the policy in a bid to plan their finances accordingly. The cost of a term insurance policy is influenced by various factors, and it is likely to vary from one individual to another. The algorithm used for the calculation of premium is very difficult to use manually. This is the reason why most companies offer premium calculators for their customers. Just by entering a few personal details, customers can find out the price of the specific policy they wish to buy. After finding the price, customers can contact the company only if they are satisfied with the price.

    How to use Aviva Term Insurance Premium Calculators

    The company offers premium calculators specific to various term insurance plans in its product lineup. These calculators can be accessed by customers using the following methods:

    • Visit the official website of Aviva Life Insurance at https://www.avivaindia.com/
    • On the top of the homepage, you can find a section labelled ‘tools & services’.
    • Under this section, you can find ‘premium calculators’ for various products.
    • When you click on this, you can find the premium calculators available for various products.
    • Choose your desired product on this page and click on it to open the premium calculator page.
    • On the premium calculator page, enter your personal details like date of birth, gender, policy term, plan option, sum assured amount, smoking habits, premium payment frequency, etc.
    • After entering all these details, click on ‘show illustration’ at the bottom of the page.
    • The premium details along with the illustration will be displayed on the resulting page.
    • If you are satisfied with the premium details, you may go ahead and purchase the policy.

    Advantages of using a term insurance premium calculator

    Some of the key advantages of using a term insurance premium calculator are listed as follows:

    • Premium calculators are ideal for people who engage in proactive financial planning. By knowing the price of the policy, individuals can plan their annual expenses. This also guides customers in the process of finding the right sum assured amount. Customers can try out different options and find out the sum assured amount that fits within their budget.
    • Before signing up for a policy, customers research the different types of policies available in the market. Premium calculators are helpful during this research process as they help customers know the cost of products offered by different insurers in the market. Customers can compare the price of products along with their features and pick the best policy suitable for their requirements.
    • With the help of premium calculators, customers can improve their knowledge about specific products in the market. They can understand the factors that influence the price of these products. Better knowledge about various products can be helpful when it comes to finding the right insurance plan.
    • Companies can cater to the requirements of a wide customer base using their premium calculators. Anyone in the market can find the price of an insurance policy and reach out to the company if the product suits their needs. When customers fill out their personal details, companies can get their personal details and reach out to them.


    Term insurance plans come in many different forms. Finding the right insurance plan is crucial when you wish to protect the financial security of your dependents. The term insurance plans offered by Aviva are designed to protect the financial needs of the policyholder’s dependents. The premium calculators available on the company’s website are helpful in narrowing down the choices and finding the right insurance cover.

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