Young and healthy? Find out which of these plans rewards you with lower premiums. Click here to check now!

Online Mediclaim Policy Premium Calculator

A mediclaim policy premium calculator is an online calculator which calculates the premiums of mediclaim policies before the policyholder buys them. Thus, the calculator helps in determining the premium which is payable under a specified plan.

The calculator uses the following details to calculate the premium –

The age of the members to be insured under the plan. In case of individual policies, the age of the insured would be mentioned. In case of family floater policies, the age of all the members would have to be mentioned. Premium is calculated on the age of the eldest member of the family
The number of members to be covered
The sum insured
The term of the policy selected
Any pre-existing illnesses
Any add-ons if selected with the health plan
Available discounts which are applicable
Contact details of the policyholder.

After all these details are input into the calculator, the premium is calculated and displayed.

The mediclaim policy premium calculator is a beneficial tool because of the following reasons –

The tool is simple and easy to use. Input all the necessary information required by the calculator and your premium amount will be calculated, instantly. . Thus, the calculator allows ease of use for all policyholders.
Ascertain the premium with the help of a calculator before the plan is actually bought. Thus, affordability of the premium can be ascertained using the calculator
Use the calculator of an online broker or an online insurance aggregator to view and compare health insurance plans. The plans can be compared on both their coverage features and premium rates. Comparison helps policyholders to zero in on the best policy
Modify the details such as plan amount and duration and the premium rate changes. You can calculate as many times as you want with different combinations. Similarly, the policyholder can choose add-ons, opt for available discounts, etc. on the calculator. These changes are incorporated in the calculated premium and the premium changes accordingly.
After the premium is calculated, the policyholder can buy the plan from the calculator page itself. Click on CTA and the policyholder will be redirected to the application page where they can enter the relevant details and buy the plan instantly.

Young and healthy? Find out which of these plans rewards you with lower premiums. Click here to check now!

Author Bio

Paybima Team

Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 21 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.

Over to You

Health emergencies don’t come with a calendar invite. Whether you're planning for your own future or looking out for your parents, choosing the right health insurance plan can make all the difference. That’s where a deeper look at the fine print helps. When you compare Star Health’s Red Carpet Plan vs Care Health Enhance Plan, what you’re really doing is choosing the kind of financial backup you want in your corner.

The Star Health Red Carpet Plan is made with senior citizens in mind. With benefits like annual preventive check-ups, it helps you or your ageing parents get covered without the usual hassles. On the other hand, the Care Health Enhance Plan acts as a top-up cover, ideal if you already have a base health policy and want to increase your shield without increasing your premium by too much.

While health insurance takes care of medical needs, don’t forget to plan for life’s bigger what-ifs. A term Insurance policy, especially a 1 crore term insurance plan, can be the long-term security net your family needs. Health and life coverage go hand in hand. And when chosen right, they help you face the future with confidence, not chaos.

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