• HDFC Life Insurance Premium Calculator

    Life Insurance
    • Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
    • Convenient payment options - annual, half-yearly, quarterly or monthly premium payments
    • Do more with plans that offer pure protection, retirement planning and investment option

    In the private life insurance domain, HDFC Life is currently one of the top players in the market. The company is renowned for its diverse range of products in its lineup. Apart from term insurance covers, the company also offers different variants of endowment plans, ULIPs, money-back plans, savings plans, retirement plans, etc. Potential customers who think about purchasing a life insurance policy often check the prices of various products while doing their research. Premium calculators are essential in helping customers determine the prices of various products on their own. HDFC Life Insurance Premium Calculator is a tool used exactly for that purpose.

    Why should you use Premium Calculators?

    There are more than 20 life insurance companies currently in the Indian life insurance industry including the state-owned life insurer LIC. When people look forward to buying a new insurance policy, they search for the products offered by different companies. Cost is one of the major factors considered by applicants before deciding on purchasing a cover. Rather than asking for price quotes for all policies they come across, people can find the cost of a policy on their own by using the premium calculator tool.

    The cost of a policy is likely to differ based on one’s age, income, occupational risk, sum assured amount chosen, health condition, smoking habits, etc. These factors are likely to differ from one individual to another. When individuals input these details in the premium calculator, it will automatically calculate the price of a specific product and give the results. It helps customers find the right product and sum assured amount within their annual budget.

    How to use HDFC Life Insurance Premium Calculator

    HDFC Life offers various financial tools and calculators to help its customers make an informed decision. The step-by-step instruction to access the premium calculator is given as follows:

    • Visit the official website of HDFC Life at https://www.hdfclife.com/
    • On the home page, click on ‘calculate premium’ under the section ‘Things to Know’.
    • If you wish to check out all the tools and calculators available with the insurer, you can locate the section ‘Useful Tools and Calculators’ on the homepage.
    • Once you have opened the premium calculator page, you must enter various details like the country of residence, gender, name, phone number, email ID, date of birth, tobacco usage habits, city, etc.
    • Once you have entered these basic details, you can check the cost of individual plans available with HDFC Life.
    • You may also go to specific products and find out the cost of these products by providing the same details.

    Advantages of HDFC Life Insurance Premium Calculator

    The key benefits of using the HDFC Life Insurance Premium Calculator are listed as follows:

    • The main purpose of using a premium calculator is the ease in comparing the costs of various products. People can check how much they must invest in order to achieve their investment goals.
    • Getting customised price quotes of all available products is a time-consuming process without the premium calculator. By getting information about various products, customers can make an informed decision about which product to purchase.
    • Customers can get investment tips and get into the habit of investing their hard-earned money.


    HDFC Life currently has different types of policies in its lineup. People with different investment goals access these policies and seek information from the insurer. Premium calculators are useful in helping them plan their finances before contacting the insurer for a price quote. In addition to premium calculators, other tools like child education planner, retirement planner, human life value calculator, etc., may also come in handy while choosing insurance products.

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