Health Insurance Premium Calculator

Select members you want to insure

Select Your Age

Imagine you want to buy a smartphone, which is an expensive purchase and will last you for a long time. To ensure that you make the right choice that fits your budget, you look at various models, their specs, and prices across various platforms.

Similarly, when it comes to health insurance, you need to conduct a thorough analysis of the various plans available and the premiums you have to pay. It is a long-term commitment and the premiums should align with the budget you have in mind.

A health insurance calculator helps you with this. It is a time-saving and effective tool that will help you make an informed choice - by letting you know in advance the premium you will have to pay. Let us know more!

Calculate Your Health Insurance Premium


Health Insurance Premiums - What Are They?

Health insurance is basically a contract between you and the insurance company. The insurance company offers you health coverage and you pay an amount of money known as a ‘premium’ in return to keep the policy active.

How is A Health Insurance Premium Determined?

Health insurance premiums may vary from individual to individual. The insurance company calculates your premiums based on your age, gender, medical history, lifestyle habits, geographic location, etc. For instance, if you have a condition that runs genetically in your family or if you are a smoker, your premium may be higher.

And to know the premiums you’ll entail so as to make an informed decision, you can calculate your premiums using a health insurance premium calculator.

How Do You Use A Health Insurance Premium Calculator By SMC?

SMC’s health insurance premium calculator helps you calculate the premiums of different health insurance products and gives you a quote for the same. You can compare these figures and the various benefits of the plans to arrive at the right decision. Using a health insurance premium calculator is a simple, convenient, and time-saving process. You can fill in the necessary details, compare different health insurance policy options, and choose the best pick.

Here’s how you can go about using one -

  • To use SMC’s Health Insurance Premium Calculator, visit our website and click on ‘Health Insurance’.
  • Select the members you want to insure and their ages.
  • Enter details like your pin code and mobile number. Click on ‘View Quotes’.
  • You will see different policy options with their sum insured, features, premiums, and other details.
  • You can increase/decrease the sum insured, change the policy term, choose add-ons, etc. and see how they affect your premium.
  • If any of the sugged policies interest you, you can click on 'Buy Now' and proceed with the policy application.

Get Free Quotes to Secure Your Health Now

Benefits Of Using A Health Insurance Premium Calculator

Apart from being a simple tool for premium calculation, the premium calculator also streamlines available options for effective budgeting and informed purchases. Here are a few benefits of using a health insurance premium calculator online -

  • It gives you a heads-up on the amount required for investment in health insurance.
  • It is an excellent tool for comparing different policies based on the details provided. It eases the process of making informed decisions and helps you select a policy that best suits your needs.
  • It saves impeccable time from the tiring process of contacting agents of different insurance providers.
  • You can select add-ons, increase/decrease the sum insured and filter the quotes as per your budget and requirements.


Buying health insurance policies has become the need of the day. However, purchasing the right insurance policy from the right provider makes all the difference. The policy that you buy should fit your budget, promise financial coverage during health contingencies, and assure expediency and convenience. A health insurance premium calculator will help you assess between different policies and make a wise decision.