Prices Increasing soon Prices Increasing Soon

Shriram Life Insurance Premium Calculator

One can very easily use the Shriram life insurance premium calculator in very few steps.

Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
6.7 Crore
Registered Consumers
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:-

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Steps to be followed:

Step 1: Select the Plan - The first step to be followed is that the individual has to select the necessarily required plan from the given list of different plans in the dropdown.

Step 2: Fill in the required details - After the plan is selected, the individual is required to fill in all the necessary details to calculate the assured sum. One would be required to enter the DOB, age, policy term, premium paying term, and enter the sum assured. No mistake should be made when selecting all these details.

Step 3: Premium amount - After clicking on the submit button, a page will appear that will show the individual premium charges.

Advantages of using  Shriram Life Insurance Premium Calculator

Shriram life insurance premium calculator will help an individual easily calculate his premium plans. Some benefits offered by the same are:

1. Time-efficient

Premium calculator is fast, effective, and reliable. They help in calculating the estimated premium sum in no less than 1 min. All that one has to do is follow the right steps, select all the values, and Voila your estimated sum is calculated.

2.  Accurate Results

With the insurance market being so saturated, everyone needs a reliable and correct source of calculation. Using the premium calculator an individual can just have to enter the details and he would get an accurate estimated sum.

3. Cost- effective

This calculator is available for free on the website. With one click, you can get your estimated premium value for your plan. One can use the calculator to find how many premiums they need to pay towards a policy.


Information required while using the Premium Calculator

Any individual using the Shriram life insurance premium calculator should be aware of the following information:

  • Personal information an individual must know his DOB.

  • Policy term- policy term is the period in which your term insurance policy will remain active. Hence a person filling in the details should be aware of this term.

  • Premium paying term- This is the total number of years where the policyholder can make the premium payments.

  • The pre-decided amount (sum assured) that the insurance company will pay to the policyholder.

  • Rider- A rider is an insurance policy provision that adds extra coverage options or amends the terms of a basic policy. If needed an individual can choose a rider for additional coverage options.

Note: Know what is term life policy first and then buy a term plan for your loved ones.

Note: It is suggested to calculate the term plan premium on the term plan calculator online tool by Policybazaar before buying.

Benefits of using Shriram Life Insurance Policy:

Shriram life insurance policy offers a wide range of benefits ranging from protection plans, savings plans and more. Some of them are:

1. Life Goals:

Shriram Life Insurance Policy offers a double death benefit. In the case after death, one gets the sum assured with an additional death benefit. One can choose to receive the death benefit in a lump sum or the form of a family income benefit. Also, three riders can be chosen by the required beneficiary.

2. Protection:

If the sole breadwinner of a family dies prematurely, the policy offers different protection plans to cover all the financial crisis the family may face, if no other provision is made for them.

3. Flexible-Premium Payment:

An individual could create an entity for his/her financial goals while enjoying a life bonus added to insurance coverage. Also one can extend the coverage bonus after maturity.

4. Retirement becomes Easy:

Shriram Life Insurance Policy offers effective and reliable retirement plans. The plan lets one create a retirement corpus through regular investments when one is working or one can buy a plan which lets them avail a lifetime of income.

Why buy Term Insurance early?

Your premium is decided on age at which you buy the policy and remains same, throughout your life

Premiums can increase between 4-8% each year after your Birthday

Your policy application could be rejected or premiums increase by 50-100%, if you develop a lifestyle disease

See how age affects Term Insurance Premiums
See how age affects Term Insurance Premiums
Premium 479/month
Age 25
Age 50
Buy Today & Save Big
View Plans

Shriram Life Insurance Premium Rates

Shriram insurance plans are available at competitive premium rates that don’t burn a hole in someone’s bag. There are many plans to go with the budget. Premium rates differ:

  • Longer protection; provides life cover up to the age of seventy-five years.

  • Lower premium rates for women: Female insure individuals can get attractive premium savings.

  • High sum assured savings: This allows for premium savings just in case you opt for a better sum assured.

  • Complete protection: enhance your protection with optional coverage for complete peace of mind.

  • The premium would differ based on the choice of the profit choices.

Why should one use Shriram Life Insurance Premium Calculator?

With a range of life insurance policies coming into the market, finding and choosing the right one becomes a tough game. One should always test and analyse original plans and find one suitable for them.

Shriram life insurance premium calculator is an online calculator that makes calculating your policy premium easy and convenient. Using this calculator makes it easy for its customers to sort all their financial needs. This calculator helps one choose from a range of different plans and so calculate the sum assured.

Here are the reasons an individual should consider using a life insurance premium calculator:

  • A life insurance premium calculator will always fetch you the most accurate results.

  • When using a life insurance premium calculator, you don’t have to remember complex formulas or manual computations.

  • Along with an accurate estimation of an assured sum, one can likewise choose different safe riders.

Note: Check out the best term insurance policy in India and choose one that suits your requirements.

Note: You should also check the benefits of term insurance if you are planning to purchase the term insurance plan.

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

Premium By Age

Life insurance articles

  • Recent Article
  • Popular Articles
24 Apr 2024

Most Common Life Insurance Frauds in India

Life insurance fraud is a financial crime that can be committed

Read more
09 Aug 2023

What High Net Worth Individuals (HNIs) Do To...

High net worth individuals often opt for life insurance plans to

Read more
28 Jun 2023

A Review Of ICICI Prudential Life Insurance

“Policy Bazaar insurance clarified the term policy for me, so

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best

Read more
20 Jun 2023

Best Life Insurance Policy in India with High...

The best life insurance policy in India is a type of life

Read more
15 Dec 2021

Life Insurance for Parents in India

With the increase in the average life expectancy rate, the older population in India is on the rise. Most of the

Read more
08 Jun 2022

Life Insurance for NRI

Going beyond geographical boundaries to study or pursue a career abroad is a common aspiration for many

Read more
14 Apr 2014

Life Insurance Quotes

Life insurance quotes are the approximate premium rates for the specific life insurance policy. It helps you

Read more
26 Dec 2022

Canara Guaranteed Fortune Plan

Canara HSBC life insurance company introduces a guaranteed fortune plan that provides assured benefits to life

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best decision I have ever made. I feel so good knowing that

Read more
Need Help? Request Callback
View Plans
Download the Policybazaar app
to manage all your insurance needs.