Insurance companies offer a diverse range of products to meet the specific requirements of their customers. While term plans are exclusively intended for protection, there are other life insurance plans like endowment plans, ULIPs, retirement plans, whole life insurance plans, etc. The main purpose of these plans is to combine the benefits of insurance and investment under a single policy. Exide Life Insurance is one of the top life insurance companies that offers various policies under different categories. The company is still one of the up and coming firms in the life insurance industry. However, it is increasing its customer base throughout the country with the help of its diverse plans.
Choosing the right insurance cover from the hundreds of plans available in the market is no easy task. Most people research various products before choosing a plan ideal for them. Since cost is one of the major factors to be considered, premium calculators play a major role in helping customers find the right plan. The cost of life insurance is based on various factors like age, income, sum assured, smoking habits, health condition, etc. When customers input these details into a premium calculator, it will give them the exact amount they must invest to get the desired coverage. Through this way, premium calculators are extremely helpful in the decision-making process with regard to life insurance.
The premium calculators and other tools offered by Exide Life Insurance can be accessed using the following ways:
Alternatively, you can calculate your investment through the following ways:
The advantages of using a life insurance premium calculator are listed as follows:
Buying a life insurance policy is one of the major decisions you might encounter in your lifetime. Hence, it is important to choose the right policy that is in line with your specific investment goals. Premium calculators help you achieve this by helping you understand how much you have to receive to get a specific amount in return.