Insurance Premium Calculator
Estimate your life insurance premium based on age, coverage amount, term length, and health factors.
Premium Factors
What Affects Premiums:
• Age (younger = lower premiums)
• Health classification
• Tobacco use (significant increase)
• Gender (females typically lower)
• Coverage amount and term length
Term vs Whole Life:
• Term: Lower premiums, fixed period
• Whole: Higher premiums, lifetime coverage + cash value
This is an estimate. Actual rates vary by insurer and require medical underwriting.
• Age (younger = lower premiums)
• Health classification
• Tobacco use (significant increase)
• Gender (females typically lower)
• Coverage amount and term length
Term vs Whole Life:
• Term: Lower premiums, fixed period
• Whole: Higher premiums, lifetime coverage + cash value
This is an estimate. Actual rates vary by insurer and require medical underwriting.
? Frequently Asked Questions
How accurate is this
This calculator uses standard formulas and provides accurate results for typical use cases. For professional or critical applications, always verify results with certified professionals or official sources.
Is this calculator free to use?
Yes, this Premium Calculator is completely free to use with no registration required. You can use it as many times as needed without any limitations.
Can I use this on mobile devices?
Absolutely! This calculator is fully responsive and works perfectly on smartphones, tablets, and desktop computers.
How do I interpret the results?
The results are displayed clearly with appropriate units. Refer to the About This Calculator section for detailed information.