Rajasthan, located in northwestern India, is the largest state in the country and is famous for its rich culture, architecture and diverse landscape. Known for its magnificent royal forts and deserts, Rajasthan also shares a border with India’s neighbouring country, Pakistan. Rajasthan Sri Karanpur also faces numerous challenges affecting its society and economy, such as unemployment, and various social issues.
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These risks bound people to take adequate measures and provide a safety net for their loved ones living in Rajasthan Sri Karanpur. Therefore, it is suggested that you buy term insurance to protect your loved ones. Let’s discuss the importance of term insurance in Rajasthan Sri Karanpur here.
Here are some facts and statistics about Rajasthan that you must know before you proceed to buy term plan:
Recent reports indicate that life expectancy at birth in Rajasthan is 69.0 years overall, with males averaging 66.8 years and females 71.3 years.
In 2022, Rajasthan saw over 23,000 road accidents, which consistently cause fatalities, injuries, and property damage annually due to traffic issues.
Term Plans
Rajasthan Sri Karanpur is a state that is still undergoing development as it lacks employment, specially due to lack of innovation and opportunities throughout the state. Moreover, education in Rajasthan Sri Karanpur still remains a dominant challenge due to limited access and resources in the region. While the region is blessed with diverse geography, the weather conditions are quite harsh, as it is a comparatively drought-prone region. This makes sustenance quite difficult for people living in this state. Therefore, the people of Rajasthan Sri Karanpur must think about their families’ future and well-being and buy term plan. Term insurance is a great way to make sure that if you pass away unexpectedly, your family in Rajasthan Sri Karanpur won't face financial difficulties.
Best term insurance plans in Rajasthan Sri Karanpur can be found online on Policybazaar, where you can easily use the comparison tool to compare different term plans based on your criteria and situation. Policybazaar allows you to compare term plans from 15+ top insurers. Here is a list of all the best term plans in Rajasthan Sri Karanpur:
Term Insurance Plan | Entry Age | Sum Assured | Additional Benefits |
ICICI Prudential iProtect Smart | 18 to 65 years | Rs. 50 Lakhs to Rs. 20 Crores |
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HDFC Life Click 2 Protect Super | 18 to 65 years | Rs. 50 Lakhs to Rs. 20 Crores |
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Max Life Smart Secure Plus | 18 to 60 years | Rs. 25 Lakhs to Rs. 1 Crore |
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TATA AIA SRS Vitality Protect | 18 to 60 years | Rs. 50 Lakhs to Rs. 2 Crores |
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Bajaj Allianz Life eTouch | 18 to 55 years | Rs. 50 Lakhs to Rs. 10 Crores |
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PNB MetLife Mera Term Plan Plus | 18 to 50 years | Rs. 50 Lakhs to Rs. 10 Crores |
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Canara HSBC Young Term Plan - Life Secure | 18 to 45 years | Rs. 25 Lakhs to Rs. 20 Crores |
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Kotak Life e-Term | 18 to 65 years | Rs. 50 Lakhs to Rs. 10 Crores |
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Aegon Life iTerm Prime | 18 to 65 years | Rs. 25 Lakhs to Rs. 20 Crores |
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Edelweiss Life Zindagi Protect | 18 to 65 years | Rs. 50 Lakhs to No Limit |
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ABSLI Salaried Term Plan | 21 to 55 years | Rs. 50 Lakhs to Rs. 5 Crores |
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SBI Life eShield Next | 18 to 65 years | Rs. 50 Lakhs to Rs. 10 Crores |
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You can easily contact Policybazaar at their Claim Assistance Helpline Number: 1800-258-5881.
Further, you can log in to the 'My Account' section on their official website or simply use the Policybazaar app to receive assistance regarding any queries/doubts.
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Rajasthan Sri Karanpur faces numerous challenges every year which affects its socio-economic landscape to a great extent. These include harsh weather conditions, unemployment, and various social issues. These unpredictable situations make term and life insurance a must buy and a protective safety net for people in Rajasthan Sri Karanpur. Here are some more reasons why you should buy term insurance in Rajasthan Sri Karanpur for your loved ones:
Water Scarcity and Extreme Climate: Rajasthan Sri Karanpur's erratic rainfall patterns and extreme temperatures can impact livelihoods, especially in agriculture-dependent households. Term insurance ensures that in the event of the breadwinner's untimely demise, the family can cope with financial challenges exacerbated by these environmental factors.
Agricultural Sustainability: Farmers in Rajasthan Sri Karanpur often face uncertainties due to water scarcity, soil erosion, and fluctuating crop yields. Term insurance provides a safety net, offering financial support to families in case of the farmer's death, easing the burden of debt and ensuring continuity of livelihood for their dependents.
Rural Development and Employment Generation: Rural areas in Rajasthan Sri Karanpur struggle with limited access to basic amenities and employment opportunities. Term insurance can provide financial stability to families, helping children pursue education or training for better employment prospects, thereby breaking the cycle of poverty.
Infrastructure Development and Healthcare: Despite ongoing improvements, healthcare infrastructure in Rajasthan Sri Karanpur may not always meet the needs of its residents. Term insurance can cover medical expenses and ensure access to quality healthcare services, mitigating the financial strain on families during medical emergencies.
Affordability of Term Plans: Term insurance plans usually give you substantial coverage for low premium rates. This means that people from different financial backgrounds in Rajasthan Sri Karanpur can afford to buy them.
Peace of Mind: Knowing their family will be financially secure if something happens to them gives people in Rajasthan Sri Karanpur peace of mind. This lets them focus on other parts of life without stressing about their family's financial future.
˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com in the first 6 months of FY 24-25.
Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited
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+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
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