Magma Health Insurance Premium Calculator

Magma General Insurance Company Limited provides a range of health plans equipped with varied sum insured options, features, policy terms and so on. After choosing a plan, the insured individuals can calculate the premium amount themselves in a few steps. They can avail the premium calculator present at our website to compute the premium of Magma plans. This keeps them updated about the amount of premium to be paid to get a plan, through which they can plan the payment in advance and prevent themselves from experiencing any monetary crisis.

How to Calculate the Premium of Magma Policies Online?

When it comes to the premium of a health insurance plan, its amount is based on different factors. The components that contributes to and influence the amount of the premium are as follows:

• Age
• Sum insured
• Plan terms
• Type of policy
• Medical history
• Coverage details
• Number of members

To calculate the premium amount accurately, the applicants are required to duly fill all the essential details. Change in the variables can vary the premium amount.

Why Calculate Health Insurance Premium Online?

Calculating the amount of premium online is a very simple procedure, which assists the policyholders in choosing a suitable health insurance policy at an affordable premium. Also, there exists no scope of manipulation while calculating the premium online, as the proposers themselves fill the form. Here are some advantages of computing the premium online:

• Addition or deduction of features, coverage benefits, add-on, etc.
• Get the accurate premium amount to purchase any specific policy
• Stay updated about the fairness of the coverage of health policy
• Modify the details to know an affordable premium as per the requirement
• Compare different insurance policies on the basis of premium, features, etc.

Why Choose Magma?

Magma is a renowned small private sector general insurer. It is a trusted firm, which apart from insuring health, also provide effective insurance products such as motor insurance, marine insurance, liability insurance, burglary insurance, fire insurance, and so on. With more than 4,300 network hospitals and a great claim settlement ratio, the company has managed to build goodwill in the market.