One can very easily use the Shriram life insurance premium calculator in very few steps.
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.
Shriram life insurance premium calculator will help an individual easily calculate his premium plans. Some benefits offered by the same are:
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.
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.
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.
Any individual using the Shriram life insurance premium calculator should be aware of the following information:
Shriram life insurance policy offers a wide range of benefits ranging from protection plans, savings plans and more. Some of them are:
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.
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.
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.
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.
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
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:
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:
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.
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