Heart health calculator1/9/2024 ![]() While numerous insurers choose from, an online mediclaim premium calculator helps you compare the policy costs and features effortlessly. While a health insurance premium is an investment, prior calculation of the premium amount adds to your financial planning. Understanding your expenditures and investments is of utmost importance with a family to take care of and support. Need & Benefits of Medical Insurance Premium Calculator Besides, a health insurance company considers factors, such as lifestyle, health conditions, family history, and other details provided by the insured person while deciding the premium amount. The choice of insurance plan and the sum insured are critical factors that impact the health insurance premium calculation. Also, the number of people covered in a single policy determines premium cost, besides the policy opted for and its terms. The premium amount can differ for individuals and families, majorly depending on the age and lifestyle of the insured members.įor instance, a young individual in his 20s would likely pay a lesser premium cost than an insured person in his 40s-the higher the age, the higher risk of contracting health diseases. The periodicity of the premium pay-out could be monthly, quarterly, or yearly. What is a Health Insurance Premium?Ī health insurance premium is an amount one pays to the insurer periodically to avail policy benefits and cover the risks. Explore more about what factors determine a premium cost and how you can reduce the same with wise choices. The calculation depends on several factors, such as your age, number of insured persons, pre-existing conditions, family medical history, amount of coverage, etc. Instead, get an initial idea of the estimated premium with just a few clicks!ĬHI offers an online health insurance premium calculator that can help you estimate the premium costs for free. This way, you need not chase insurers for a quote. A medical insurance premium calculator is a digital tool that simplifies complex policy calculations and improves your policy-buying decisions. You can now use the online space to get a health insurance policy while also calculating the cost of your health cover. Thankfully, technology has minimized manual efforts. Estimating your health or medical insurance premium is the primary step toward finding an affordable policy for yourself & your family. As much as finding the right plan, it is also essential to calculate health insurance premium and compare quotations. In the present context where healthcare needs top priority, an ideal health policy offers you high medical coverage with various benefits. You may further contact our Customer Service team at 180/180Ĭalculate Health Insurance Premium OnlineĪ health insurance plan is indispensable for your financial security and provides a shield against rising medical inflation rates. ![]() In case of any modifications in the policy details at the time of renewal, please contact ourīranch and do not deposit the cheque in Axis Bank Branch.Ĭontact respective ‘Axis Bank branch manager’ in case of any difficulty/issue/clarification related to deposition of renewal premium. Instrument deposition is not allowed after the policy expiry date. Please ensure to deposit the cheque at least 7 Days prior to the due date. It is advisable to carry a copy of Renewal invite while visiting to Axis Bank branch. Please ensure the cheque amount is equal to the amount mentioned in renewal invite. Postdated/ Outstation/ Third Party cheques are not allowed. Make sure to collect the acknowledgement slip before leaving bank’s service counter for any future correspondence. ![]() Instrument should be in favour of "Care Health Insurance Limited" Please mention your Policy(s)number and Contact number on the reverse of cheque. Please visit during banking hours and ask for ‘Easy Pay’ service counters at Axis Bank branch to deposit your premium. Please ensure to keep the following in mind while opting for the same: Walk-in to the nearest Axis Bank branch to pay your Renewal Premium conveniently via Cheque/Demand Draft.
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