Bajaj Allianz Silver Health Plan Premium Calculator
Bajaj Allianz Silver Health Plan is a comprehensive health insurance policy that provides coverage for hospitalization expenses. The premium calculator helps you determine the premium amount based on your age, sum assured, and premium type.
- Enter your age in the ‘Age’ field.
- Enter the sum assured amount in the ‘Sum Assured’ field.
- Select your preferred premium type from the ‘Premium Type’ dropdown.
- Click the ‘Calculate’ button to get your premium amount.
The premium is calculated using the following formula:
Premium = (Sum Assured * Rate) / Premium Type
The rate is determined based on your age and the sum assured.
| Age | Sum Assured | Premium Type | Premium |
|---|---|---|---|
| 30 | 500,000 | Annual | 5,000 |
| 45 | 1,000,000 | Semi-Annual | 10,000 |
| 60 | 5,000,000 | Quarterly | 50,000 |
| Age | Annual Premium (500,000 Sum Assured) |
|---|---|
| 30 | 5,000 |
| 40 | 7,000 |
| 50 | 12,000 |
| 60 | 20,000 |
- Increase your sum assured to get higher coverage for the same premium.
- Choose a higher premium type to get lower premium amounts.
- Review your policy regularly to ensure it meets your needs.
What is the minimum and maximum age limit for Bajaj Allianz Silver Health Plan?
The minimum age is 18 and the maximum age is 65.
Can I choose my own sum assured?
Yes, you can choose your sum assured within the range of 50,000 to 5,000,000.
IRDAI is the regulatory body for insurance in India.
India Water Portal provides detailed information on health insurance.