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.
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.
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.
You can easily calculate the Shriram Life Insurance premiums using the premium calculator featured on their official website.
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.
Shriram Life Insurance Company has an impressive claim settlement ratio of 97.4% in FY 2022-23.
To use the Shriram Life premium calculator, visit the Shriram Life Insurance official website and go to the premium calculator section.
Whether you're a new or existing customer, you can use the premiums calculator tool free of cost.
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.