HDFC Life Premium Calculator
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HDFC Life Insurance Premium Calculator

The HDFC Term Plan Calculator helps users to estimate the premium for their chosen life insurance plan. It is an online tool that enables you to perform complex calculations in a few seconds. The calculator is very easy to use and helps you better understand the premium rate after choosing additional benefits and coverage.

You can easily find yourself the best HDFC Life Insurance plan that fits your requirements by entering basic information like coverage amount and policy terms. Let's understand the details of the HDFC Term Insurance Calculator and how it works.

How does HDFC Life Insurance Premium Calculator work?

Follow the steps below to use HDFC Life Insurance Premium Calculator-

Step 1 Visit the official website of HDFC Life Insurance

Step 2 Click on the "Term Insurance plans" option at the top left corner of the screen.

Step 3 Some options will appear on your screen, so choose your preferred plan.

Step 4 A new page will appear on your screen; click the "Calculate Premium" option.

Step 5 Fill out the given details and click on proceed.

Step 6 After that, answer some given questions and click on proceed.

Step 7 After that, available plan options and their estimated premiums will appear on your screen.

What are the benefits of using HDFC Life Premium Calculator?

  • It's free

    The best thing about using the HDFC premium calculator is that it's totally free. You can use this online tool from the comfort of your house and compare plans easily, free of charge.
  • Easy comparison of plans

    With the help of the HDFC Premium calculator, you can calculate premiums or compare plans and choose one that best fits your budget.
  • Accurate

    The HDFC digital premium calculator considers several factors to find an insurance plan that ideally fits your budget and life objectives.
  • Time-saving

    The premium calculator is designed to save users a lot of time by doing all the complex calculations and providing results in no time.
  • Better Idea of Coverage

    With the help of the HDFC premium calculator, you can adjust coverage policy terms and other benefits to see how they affect premiums, allowing you to make amends in plans based on your budget.

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

While approving an application, the insurers thoroughly assess your profile under specific factors to decide the premium cost. Here is a list of factors you must consider while buying a life insurance plan for yourself.

  • Age

    Generally, insurance providers follow the rule of thumb, which states that the earlier you purchase term insurance, the cheaper your premiums will be.
  • Gender

    Typically, insurance providers offer special premium rates for females.
  • Health

    Your past medical records and family medical history can affect your overall premium cost.
  • Lifestyle habits

    The insurer views customers with a bad lifestyle as high-risk insurance buyers and, therefore, charges high premiums.
  • Occupation

    Your job and the risk you're exposed to at work also impact the premium charges.
  • Policy Duration

    How long protection you need or how much coverage you seek can also affect the premium.

How PolicyX Can Help You Calculate Premium?

PolicyX is an insurance comparison portal certified by IRDAI and offers services, like free-of-cost policy comparison and instant quotes, that can help you better understand premium costs. However, we've partnerships with the top 24+ insurers in India to provide wide insurance products to customers.

Follow the steps below to use the PolicyX premium calculator.

Step 1 Go to the PolicyX official website.

Step 2 Click on the "Term Insurance" option.

Step 3 Some options will appear on your screen; click "Best Term Insurance Plans".

Step 4 After that, fill out the given details.

Step 5 Then, available plan options will appear on your screen.

HDFC Life Insurance Premium Calculator: FAQs

1. How to calculate the premium in HDFC?

You can calculate the HDFC premiums by using their HDFC premium calculator.

2. Which factor does the HDFC calculator tool assess premiums?

The HDFC Life Insurance Premium Calculator assesses 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 HDFC Life Insurance?

HDFC Life Insurance Company has an impressive claim settlement ratio of 99.39% in FY 2021-22.

4. How do you use the HDFC premium calculator?

To use the HDFC premium calculator, visit the HDFC official website and go to the premium calculator section.

5. Is HDFC premium calculator free of cost?

Yes, the HDFC Premium calculator is free of cost.

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What Our Customers Have to Say

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

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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


May 17, 2024

I recently purchased a Pramerica term insurance policy from 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


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


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.

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Yash Tomar


May 17, 2024

After getting advice from the PolicyX experts, I chose a Bandhan Life Insurance term plan. Thank you, PolicyX, for helping me buy a term plan at such a low premium.