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Shriram Life Term Insurance Premium Calculator

72 reviews Rate This
Claim Settlement Ratio95.12%
Customer Care10:00 AM to 7:00 PM
Death Benefit Paid For2,816 Policies
Presence529 Branches
Total Death Benefit PaidRs.77.88 Crore

Term Life Insurance Premium Calculator


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Choose required coverage to secure your family’s future

Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Shriram Life Term Insurance Plans

1 Crore
2 Crore
    Tax Free
    1 Cr
Starting From 707/Month
24hr Claim Settlement
Key Features:
  • Zero Cost Benefit
  • Terminal Illness
  • Nominee's Choice payout
  • Voluntary Top Up
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 857/Month
24hr Claim Settlement
Key Features:
  • Waiver of Premium on Disability
  • Terminal Illness
  • Life Stage Benefit
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 771/Month
24hr Claim Settlement
Key Features:
  • Tax Benefits
  • Terminal illness
See More Plans

Shriram Term Insurance Mediclaim Policy Premium Calculator

Shriram Life Insurance Term Insurance Premium Calculator is a unique tool for estimating the premium to be payable for a sum insured. Before you set out to buy your preferred term policy from Shriram Life Insurance Company, it is always essential to consider all the vital factors in calculating the value of your term insurance and how much you would have to pay for it. Your targeted term coverage should be sufficient to ensure that your entire family members are covered under it and you must be able to pay the premium easily.

How to Use the Shriram Term Insurance Premium Calculator?

The online term insurance premium calculator helps to calculate the stipulated premium amount that you would have to pay for the policy. Quantifying the final term of the policy is extremely important before you set out to select your desired term plan. Here is a step-by-step guide through Shriram Life Insurance's Term Insurance Premium Calculator:

Step 1: Visit InsuranceDekho website and navigate to Shriram Premium Calculator in the insurance section.
Step 2: Fill in all the required details such as age, premium term, gender, the sum assured, policy term, etc.After filling up the above details in the Shriram Term Insurance Premium Calculator will generate the premium.
Step 3: The premium can be changed by making changes in the factors such as age, gender, plan, and term.

Shriram Term Insurance Premium Calculator Benefits

The premium calculator is an effective tool in working out a correct investment plan. Here are a few of the benefits of using Shriram Term Insurance Calculator:

  • Plan Before Purchase: Online term insurance calculator helps you to calculate the premium amount with ease from the comfort of your own home. In this way, you can easily calculate how much premium you need to pay to reach your target sum assured after a stipulated policy term.

  • Get the Benefit of Riders: Shriram Life Insurance provides you additional benefit by using either of the four riders – Accident Benefit Rider/Shriram Critical Illness Cover Rider/Shriram Extra Insurance Cover Rider/Family Income Benefit Rider. If you are not able to reach the desired sum insured in the investment wallet you had decided, then you can work out a new plan with a rider by making effective use of the premium calculator.

Shriram Term Insurance User Reviews

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What users are saying
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  • I had some questions about the different term insurance options available, and the customer support at Insuran...

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    By Amrita Roy
    On: Oct 30, 2023
  • I got the opportunity to purchase the Shriram Term Insurance from InsuranceDekho. I must say that it offers fl...

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    By Vishnu Kumar
    On: Sep 29, 2023
  • What I appreciated most was the transparency of information on InsuranceDekho's website. It made it easier for...

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    By Vikram Pathak
    On: Sep 25, 2023
  • I got the grace period for premium payments of my Shriram Term Insurance Plan which turned out to be a helpful...

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    By Sarla Kapadia
    On: Sep 14, 2023
  • InsuranceDekho's customer support team is highly responsive and knowledgeable. Whenever I had questions or nee...

    Read More
    By Deepak Verma
    On: Sep 11, 2023
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Shriram Life Term Insurance Contact Details

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Claim Process at Shriram Life Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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Shriram Life Term Insurance Premium Calculator FAQs

  • Which riders are available with the Shriram Life Insurance Plans?

    The four riders available with the Shriram Life Insurance Company are as follows: Accident Benefit Rider, Critical illness extra cover, Income benefit rider, and Extra insurance cover rider. 

  • What factor affect the insurance premium calculation on the Shriram Life Insurance Company Term Insurance Premium Calculator?

    Various factors affect the insurance premium calculation in Shriram Life Insurance company. They are, the sum assured, policy term, your age, gender, your smoking habits, the riders you choose, and the premium payment frequency.

  • What is the best term insurance plan to opt for assured income with a low premium payment term?

    Shriram Life Insurance Company's Life Assured Income Plus plan offers the minimum of 10 times the annualized premium for all their policyholders up to the age of 50 years. Beyond that, you receive your annualized premium seven times for a tenure of 5 years after the maturity of your selected policy.  

  • Why does Shriram Life Insurance Company want to know about smoking habits?

    The Shriram Life insurance premium for smokers is higher than that for non-smokers because of the higher risk involved.

  • Is the Shriram Life Insurance Company Premium Calculator the same for all plans?

    No, each insurance plan has a separate calculator. The Shriram Life Insurance Term Insurance premium calculator will not be the same for an endowment insurance plan, and vice-versa. 

Find the right Shriram Life Term Insurance for you
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