Result
Estimated annual premium (with GST)
₹17,700
- Base premium (before GST)₹15,000
- GST @ 18%₹2,700
- Monthly equivalent₹1,475
- Section 80D tax saving (30% slab)Old regime only. Cap ₹25K self+family, ₹50K for senior parents.₹4,680
How to use this calculator
- Enter age of oldest insured member.
- Choose sum assured per person.
- Choose policy type (individual/floater/parents).
- Select city tier.
- Declare any pre-existing conditions.
- Read estimated annual + monthly premium including GST.
About this tool
This calculator estimates annual health insurance premium in India based on age, sum assured, family composition, city tier, and health status. Actual quotes from insurers (Star Health, HDFC Ergo, ICICI Lombard, Bajaj Allianz, Niva Bupa, ManipalCigna) may vary ±20-40% based on plan features, room-rent limits, co-pay clauses, and OPD add-ons. Always get 3-4 quotes before purchasing. Premium is subject to 18% GST. Section 80D deduction: ₹25,000/year for self + family (under 60), additional ₹25K for parents (₹50K if senior citizens). Available under OLD tax regime only.
Frequently asked
Rule of thumb: 50% of your annual income OR ₹10-15 lakh minimum in tier-1 metros. In cities like Mumbai/Bangalore, a hospitalization for cardiac surgery or cancer can easily exceed ₹15-25 lakh. Employer coverage (usually ₹3-5L) is INSUFFICIENT — always hold personal cover of ₹10L+ additionally.
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