Therefore, you must secure your loved ones in such situations so that financial problems do not affect their future. Term Insurance is one of the best ways to financially protect your family, who live in Chhattisgarh Dipika, from life’s uncertainties. Let’s understand in detail about term insurance in Chhattisgarh Dipika and the top term plans that you can compare and buy to protect your loved ones.
Data from Chhattisgarh Highlighting the Importance of Term Insurance
Here are some facts and statistics about Chhattisgarh that you must know to buy term plan:
01
Sex Ratio:
According to the latest data, Chhattisgarh’s sex ratio is 991 females for every 1000 males, which is higher than the national average of 940. In 2001, the sex ratio in Chhattisgarh was 989 females per 1000 males.
02
Life Expectancy:
According to statistics by National Health Mission, the life expectancy at birth in Chhattisgarh improved from 62.4 years (2006-10) to 65.2 years (2014-18).
03
Literacy Rate:
Chhattisgarh's literacy rate has increased to 70.28% according to the latest census. Male literacy is 80.27% and female literacy is 60.24%.
04
Estimated Population:
Recent data show that Chhattisgarh’s estimated population was 3.15 Crores. *The last census in Chhattisgarh was held in 2011, and the next one, scheduled for 2021, has been postponed until 2024
05
Road Accidents:
Data show that in 2022, about 5830 people died in road accidents in Chhattisgarh.
06
Death Rate:
Recent data suggests that Chhattisgarh's death rate was 7.9 deaths per 1,000 people in 2020, up from 7.3 deaths per 1,000 people the previous year, an increase of 8.22%.
Best Term Life Insurance Quotes in Chhattisgarh Dipika 2024
Chhattisgarh Dipika is a state state struggles with poverty, poor roads, and healthcare, and is affected by deforestation and pollution from mining. Additionally, violence from ongoing conflicts makes life difficult for many people. Hence, it is important that you financially protect your loved ones and buy the best term insurance plan.
You can find the best term insurance plans in Chhattisgarh Dipika on Policybazaar's website. Compare term plans from over 15 top insurers in India using their online comparison tool to choose the best plan to protect your family.
Term Insurance Plan |
Entry Age |
Sum Assured |
Additional Benefits |
ICICI Prudential iProtect Smart |
18 to 65 years |
Rs. 50 Lakhs to Rs. 20 Crores |
- Terminal Illness benefit
- Life stage benefit
- Premium Waiver Benefit
|
HDFC Life Click 2 Protect Super |
18 to 65 years |
Rs. 50 Lakhs to Rs. 20 Crores |
- Terminal illness Benefit
- Return of Premium option
- Waiver of Premium on Critical Illness and Total and Permanent Disability
|
Max Life Smart Secure Plus |
18 to 60 years |
Rs. 25 Lakhs to Rs. 1 Crore |
- Terminal Illness
- Special Exit Value
- Joint Life option
- Accelerated Critical Illness Benefit
|
TATA AIA SRS Vitality Protect |
18 to 60 years |
Rs. 50 Lakhs to Rs. 2 Crores |
- Accidental Death
- Accidental Total & Permanent Disability
- Early payout on Terminal illness
|
Bajaj Allianz Life eTouch |
18 to 55 years |
Rs. 50 Lakhs to Rs. 10 Crores |
- Terminal Illness Benefit
- Premium Waiver Benefit
- Early exit benefit
|
PNB MetLife Mera Term Plan Plus |
18 to 50 years |
Rs. 50 Lakhs to Rs. 10 Crores |
- Life stage benefit
- Accelerated Critical Illness
- Terminal Illness benefit
- Waiver of premiums on ATPD or CI
|
Canara HSBC Young Term Plan - Life Secure |
18 to 45 years |
Rs. 25 Lakhs to Rs. 20 Crores |
- Block Your Premium
- Child Care Benefit
- Special Exit Value
|
Kotak Life e-Term |
18 to 65 years |
Rs. 50 Lakhs to Rs. 10 Crores |
- Smart Exit Benefit
- Wellness Benefit
|
Edelweiss Life Zindagi Protect |
18 to 65 years |
Rs. 50 Lakhs to No Limit |
- Flexible Death Benefit Payment Modes
- Tax Benefits
|
Bandhan Life iTerm Prime |
18 to 65 years |
Rs. 25 Lakhs to Rs. 20 Crores |
- Special Exit Value
- AD Rider
- CI Care Rider
|
ABSLI DigiShield Plan |
5 to 55 years |
Rs. 1 Lakh to No Limit |
- 10 Plan Options
- Tax Benefits
|
SBI Life eShield Next |
18 to 65 years |
Rs. 50 Lakhs to Rs. 10 Crores |
- Terminal Illness
- Flexible Death Benefit Payment Modes
- Better Half Benefit
|
How can you contact Policybazaar to buy term insurance in Chhattisgarh Dipika?
You have a number of options for contacting Policybazaar.
*Note: You can directly contact Policybazaar insurance advisor and get all your queries resolved. However, you must first learn about various term plans and know what is term insurance to buy the right term plan.
Why Should You Buy Term Insurance In Chhattisgarh Dipika?
Since a term plan is a safety net for your loved ones living in Chhattisgarh Dipika, you should buy term plan or life insurance plan and be relaxed knowing that your family is financially protected. Here are some vital reasons why you should buy term plan in Chhattisgarh Dipika:
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Recover From Economic Hardship: Chhattisgarh Dipika faces significant economic challenges, with a large portion of its population living below the poverty line. Limited job opportunities and inadequate infrastructure, such as poor roads and insufficient public services, make it difficult for families to improve their economic status. These conditions can lead to financial instability and insecurity. Therefore, term insurance can help your family combat these challenges in the case of your unfortunate demise.
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Health Issues: The state’s healthcare system is underdeveloped, with many areas lacking access to basic medical facilities and services. This results in higher vulnerability to diseases and inadequate treatment options. The lack of proper healthcare can lead to severe health problems and increased mortality rates, putting additional strain on families already struggling with financial difficulties. If you buy term plan, you can be assured that your family will never face economic hardship for healthcare relief when you’re not around.
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Environmental Problems: Deforestation and mining activities in Chhattisgarh Dipika have led to significant environmental degradation. The destruction of forests and pollution from mining operations adversely affect the health of local communities and the ecosystem. These environmental issues can result in loss of livelihood for those dependent on natural resources and increase the risk of health problems. Therefore, in the event of the unfortunate demise of the primary breadwinner, term insurance can ensure your family is not affected financially.
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Natural Disasters: Chhattisgarh Dipika is prone to natural disasters such as floods, droughts, and severe storms. These events can cause widespread damage to homes, agriculture, and infrastructure, leading to loss of livelihood and displacement. The impact of natural disasters can be devastating, especially for families with limited resources to recover and rebuild. Therefore, in case of your unfortunate death due to a natural calamity, term insurance will make sure their lives are not affected financially.
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Covering Accidents: The rising number of accidents in the state of Chhattisgarh Dipika shows how crucial it is to be ready for the different life uncertainties. Term insurance financially helps the families living in Chhattisgarh Dipika if the policyholder dies suddenly in an accident, giving them financial security when things get tough. It also allows the policyholder to avail of benefits (riders) such as Accidental Total and Permanent Disability benefit if he/she suffers from total or permanent disability due to the accident.
*Note: You can use the term insurance calculator to easily estimate your term insurance premiums