ICICI Prudential is one of the top life insurers in the market now. The company is renowned for its diverse range of life insurance plans that allow individuals to secure their family’s needs. Some of the plans offered by ICICI Prudential include term insurance plans, money-back plans, ULIPs, retirement plans, group plans, etc. The cost of these insurance plans differs from one another. To make it easy for customers to calculate the price of different products, the company also offers various financial tools and insurance premium calculators.
The cost of life insurance is dependent on various factors like age, income, health condition, family medical history, sum assured amount, risk factors, retirement age, etc. The needs of every individual differ from one another, and the premium is likely to differ drastically from one person to another. When people do research on the policies in the market, it would be a tedious affair to apply for quotes from all companies and wait for the companies to respond. This is where premium calculators come into play.
With premium calculators, people can simply enter the details on their own and calculate the tentative premium amount by themselves. Based on the prices of different policies, they can make a final decision about the policy they want to purchase. Since the price quote is given almost instantly, both insurers and applicants can save a lot of time in this process. By giving the price of various policies, premium calculators help people find a policy that fits within their budget.
ICICI Prudential offers various financial tools and calculators for the benefit of its customers. These tools can be accessed by visiting the company’s official website. The step by step instructions on how to access these tools are given as follows:
Using a premium calculator for determining your investments comes with its own set of advantages. Some of the major advantages of these tools are listed as follows:
ICICI Prudential offersvarious life insurance products to meet the specific requirements of its customers. When using premium calculators, customers can try out multiple products and choose the best one suitable for their requirements. In addition to offering tools for specific insurance products, ICICI also offers others tools like the power of compounding calculator, human life value calculator, cost of delay calculator, etc. Customers can use the right tools to determine their expenses and engage in proactive investments.