Health Insurance Premium Estimator
Estimate the annual premium for a family health insurance policy.
Estimate only — an indicative premium, not a quote. Actual premiums depend on the insurer and medical underwriting.
An estimate, not a quote
This tool gives a rough estimate of a health insurance premium using simple age-band rates and a city-tier factor. Real premiums depend on the insurer, medical history, plan features, room-rent limits, co-pay and pre-existing conditions, so treat this only as a ballpark — always get an actual quote before buying.
How the estimate works
For each member it applies an indicative rate per ₹1 lakh of sum insured based on the age band (under
30: ₹1,000; 30–44: ₹1,500; 45–59: ₹2,800; 60+: ₹5,000), then multiplies by a city-tier factor (Tier 1:
1.2, Tier 2: 1.0, Tier 3: 0.85) and by the number of members. Estimated annual premium =
Members × (Sum insured ÷ 100000) × age-band rate × tier factor.
How to use the Health Insurance Premium Estimator
- Enter the age. Type the age of the eldest member — it sets the rate band.
- Enter the sum insured. Type the health cover you want, for example ₹5 lakh.
- Choose city tier and members. Select your city tier and the number of people covered.
- Read your estimate. See the estimated annual premium update instantly.
Frequently asked questions
Is this the exact premium I will pay?
No. It is an indicative estimate only. Actual premiums are set by the insurer based on medical underwriting, plan features and current pricing.
Why does the city tier matter?
Healthcare costs are higher in metro (Tier 1) cities, so premiums there tend to be higher. Smaller cities usually attract lower premiums, reflected by the tier factor.
Does age affect the premium a lot?
Yes. Premiums rise significantly with age as claim likelihood increases, which is why older members fall into higher rate bands.
Does this calculator store my data?
No. The estimate runs entirely in your browser; nothing you enter is sent to or stored on a server.