Shriram Life Insurance Premium Calculator

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

Get ₹1 Cr. Life Cover at just ₹449/month*
No medical checkup required
Save more with upto 10% discount
Covers COVID-19
Tax Benefit
Upto Rs. 46800
Life Cover Till Age
99 Years
8 Lakh+
Happy Customers
*Tax benefit is subject to changes in tax laws. *Standard T&C Apply
** Discount is offered by the insurance company as approved by IRDAI for the product under File & Use guidelines
Get ₹1 Cr. Life Cover at just ₹449/month*
No medical checkup required
Save more with upto 10% discount
Covers COVID-19
+91
View plans
Please wait. We Are Processing..
Get Updates on WhatsApp
By clicking on "View plans" you agree to our Privacy Policy and Terms of use

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.

Get-Started

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 i.e.an 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.

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.

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.

Written By: PolicyBazaar
You May Also Like
  • How to Check LIC Policy Status, Details, Statement via Online/SMS/Call

    How to Check LIC Policy Status, Details, Statement via Online/SMS/Call Last year, Mr. Rajiv Verma bought a Child LIC policy to provide financial security for his kid's future. However, due to time constraints or negl...

    read more
  • LIC Premium Payment Online 2022

    LIC Online Premium Payment The Life Insurance Corporation of India is one of the most recognized and trustworthy names in the Indian life insurance industry. LIC, established in 1956, has been providing various insu...

    read more
  • How to Check PLI Status?

    How to Check PLI Status? Dating back to February, 1884, PLI (Postal Life Insurance) is one of the oldest life insurers in the country. Started as a welfare scheme to provide benefits to the employees of the Postal dep...

    read more
  • LIC Login: LIC Customer Login Process at Online Portal

    The LIC login portal is user-friendly. With the LIC online login facility, customers can easily avail themselves of the different facilities at the comfort of their homes or offices from anywhere in the world. All yo...

    read more
  • Life Insurance: Checking Policy Status

    Life Insurance: Checking Policy Status Buying life insurance policy is the first step towards building a corpus amount for the future. It takes many permutations and combinations to actually choose a life insurance po...

    read more

Life insurance articles

Recent Articles
Popular Articles
Tata AIA Life Insurance Claim Process

19 Jan 2022

Tata AIA Life Insurance Company Limited is one of the popular...
Read more
SBI Life Insurance Claim Process

18 Jan 2022

SBI Life Insurance started its operations in 2001, is a joint...
Read more
PNB MetLife Claim Process

18 Jan 2022

PNB MetLife India Insurance Company Limited (Formerly knowns as...
Read more
Max Life Insurance Claim Process

18 Jan 2022

Max Life Insurance Company Limited is a joint venture between...
Read more
Kotak Life Insurance Claim Process

12 Jan 2022

Kotak Life Insurance is one of the fastest-growing insurers in...
Read more
How to Check LIC Policy Status, Details, Statement via Online/SMS/Call
Last year, Mr. Rajiv Verma bought a Child LIC policy to provide financial security for his kid's future. However...
Read more
How to Cancel SBI Life Insurance Policy?
As per the Insurance Regulatory and Development Authority, you can cancel a life insurance policy taken within 15...
Read more
Surrender Value in Insurance
Surrender Value in Insurance Have you bought a life insurance policy which is not as per your requirement? Are you...
Read more
LIC Premium Payment Online 2022
The Life Insurance Corporation of India is one of the most recognized and trustworthy names in the Indian life...
Read more
Life Insurance: Checking Policy Status
Life Insurance: Checking Policy Status Buying life insurance policy is the first step towards building a corpus...
Read more
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL