Shriram Life Premium Calculator
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Shriram Life Insurance Premium Calculator

Shriram Life Insurance is known for its various customized plans and easy-to-understand features. With the help of the Shriram Life Insurance premium calculator, you can get a rough idea of how much coverage you can choose under your budget. The premium calculator is a digital tool designed by Shriram Life to help users calculate the premium they need for their insurance policy.

The tool considers several factors in determining the amount of the customized results, such as age, gender, coverage amount, lifestyle habits, annual income, policy term, etc. It is an ideal way for users to plan accurately and budget for their insurance needs from the comfort of their homes.

How does Shriram Life Premium Calculator work?

Follow the steps below to use Shriram Life Insurance Premium Calculator:

  • Step 1

    Visit the official website of Shriram Life Insurance.

  • Step 2

    Navigate to the "calculator' option at the top left corner of the screen.

  • Step 3

    Click on your preferred insurance type in the product calculator section.

  • Step 4

    After that, scroll down and enter the required details.

  • Step 5

    Enter your DOB, policy term, premium payment term, and sum assured, choose the benefit type, and click proceed.

  • Step 6

    After that, estimated premiums will appear on your screen.

What are the benefits of using Shriram Life Premium Calculator?

  • Time-saving

    Shriram Life Insurance premium calculator is fast, effective, and reliable. It is a digital tool that helps users to estimate customized premiums in less than 1 minute.
  • Easy Comparison of Plans

    The Shriram Life Insurance Premium calculator gives you a rough image of the payable premium for different plans. So you can compare plan premiums and choose a plan that offers added benefits under your budget.
  • A Better Idea of Coverage

    To put it simply, the more life cover you choose, the higher your premiums will be. But with the premiums calculator, you can check how much coverage you can choose that is within your budget.
  • Free of Cost

    Whether you're a new or existing customer, you can use the premiums calculator tool free of cost. So you do not need to pay for such a calculation.
  • Accurate

    A Shriram premium calculator is a reliable tool for estimating premium amounts. To do so, you just have to enter the relevant details to calculate the required premium amount for a plan.

What are the different factors that affect the rate of premiums?

Life insurance premiums may vary from insurer to insurer and depend on your age, health, and other factors. Some factors, like your age, you can't control. However, there are some factors that you may have to consider before getting lower premium rates. Let's check out the following factors.

How PolicyX Can Help You Calculate Premium?

PolicyX is one of India's top trusted insurance advisors certified by IRDAI. Their services, like free policy comparison, instant quotes, and the best prices from top insurers, help their users get a hassle-free experience. You can even use their premium calculator tool, which makes it easy to compare plans and find what works best for you.

Follow the steps below to use the PolicyX premium calculator.

  • Step 1

    Go to policyx.com.

  • Step 2

    Navigate to the life insurance section.

  • Step 3

    Fill out the required details, such as Gender, age, and city, and click on proceed.

  • Step 4

    Select an option about smoking, education qualification, profession, and annual income.

  • Step 5

    Click on the "plan selection" option.

  • Step 6

    Then, available plan options with estimated premiums will appear on your screen.

Shriram Life Insurance Premium Calculator : FAQ's

1. How do I calculate Shriram Life Insurance premiums?

You can easily calculate the Shriram Life Insurance premiums using the premium calculator featured on their official website.

2. Which factor does the Shriram calculator tool estimate premiums?

The Shriram Life Insurance premium calculator estimates the premium on factors such as name, gender, date of birth, annual income, city, mobile no., tobacco consumer or not, etc.

3. What is the CSR for Shriram Life Insurance?

Shriram Life Insurance Company has an impressive claim settlement ratio of 97.4% in FY 2022-23.

4. How do you use the Shriram Life premium calculator?

To use the Shriram Life premium calculator, visit the Shriram Life Insurance official website and go to the premium calculator section.

5. Is the Shriram Life Insurance premium calculator free of cost?

Whether you're a new or existing customer, you can use the premiums calculator tool free of cost.

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What Our Customers Have to Say

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Amar Patil

Pune

October 9, 2024

I want to thank Shubham Sharma for his exceptional help with my term insurance query. He went above and beyond to assist me. I’m very grateful to Policyx.com and Shubham Sharma.

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Sanjeev

Hyderabad

May 20, 2024

SUD Life term plan truly stands out my expectations as I got SUD Life term plan along with additional riders at very affordable premiums.

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Sumit

Coimbatore

May 20, 2024

I am impresses with the hassle free and quick claim settlement process of SUD Life. Thanks to PolicyX who guided me to get my claim settled.

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Barkha

Delhi

May 20, 2024

Bought SUD Life Family Income Benefit Rider plan to secure the future of my plan financially even in my absence.

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Geetanjali

Kolkata

May 20, 2024

I was looking for a term plan to secure the future of my family. So I contacted PolicyX and one of their representatives Mr. Vaibhav helped me choose SUD Life term plan.

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Armaan khan

Agra

May 17, 2024

I recently purchased a Pramerica term insurance policy from Policyx.com. The customer service team was very helpful in answering all my queries and guiding me through the application process. I...

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Rahul Yadav

Indore

May 17, 2024

PolicyX’s dedicated support made renewing my Bandhan Life Insurance policy easy. I’m absolutely delighted with the service offered by PolicyX Insurance Advisor.

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Priyanshu Sharma

Delhi

May 17, 2024

I bought a Bandhan Life Insurance through PolicyX, and I must say the level of communication and assistance I have received has been truly impressive.

Himanshu Kumar

Written By: Naval Goel

Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.