Health Insurance Premium Calculator

No — this is a rough, illustrative estimate using common industry age-banded rate-of-thumb figures, not a real quote. Actual premiums depend on the specific insurer, your medical history and pre-existing conditions, occupation, and the exact policy features (room rent limits, co-pay, waiting periods, no-claim bonus). Always get real quotes from 2-3 insurers before buying.

Claim probability rises sharply with age — older applicants are statistically far more likely to need hospitalization and file claims, so insurers price age bands accordingly. It's consistently the single biggest driver of premium in real pricing, which is why it's the primary factor in this estimate too.

An individual plan gives one person their own dedicated sum insured. A family floater shares one sum insured across everyone covered — it's usually cheaper per person than buying separate individual policies, but if one family member has a large claim in a year, it can reduce the cover left for everyone else in that same policy year.