These are some of the reasons why term insurance becomes an important financial decision for the citizens of this state. Term insurance is a safety net for your family's future, providing protection and peace of mind against life’s uncertainties in Maharashtra Thane.
Need for Term Insurance Based On Statistics Of Maharashtra
Let us take a look at some of the statistics of Maharashtra that you need to know while buying term insurance plans:
These reasons collectively shed light on the importance of term insurance in Maharashtra. Term plans provide the needed financial protection to your family at highly affordable rates, starting at just Rs. 473 per month.
Best Term Life Insurance Quotes in Maharashtra Thane
Maharashtra Thane experiences a wide range of weather patterns, from scorching summers to heavy monsoon rains, which can bring about unforeseen calamities such as floods and cyclones, disrupting livelihoods and causing financial strain. Moreover, the state struggles with health issues like tropical diseases, waterborne illnesses, and rising medical costs.
In such conditions, buying the best term insurance plan in India becomes important to ensure the family’s financial stability. Whether it's providing for education, healthcare expenses, or securing the family's future amidst the uncertainties of life in Maharashtra Thane, term insurance stands as a reliable safety net tailored to the needs of the state's residents.
Term Insurance in Maharashtra Thane |
Entry Age |
Sum Assured |
Additional Benefits |
ICICI Prudential iProtect Smart |
18 - 65 years |
Rs. 50 Lacs - Rs. 20 Crores |
- Terminal Illness benefit
- Waiver of Premium
- Life stage benefit
|
HDFC Life Click 2 Protect Super |
18 - 65 years |
Rs. 50 Lacs - Rs. 20 Crores |
- Terminal illness Benefit
- Waiver of Premium on Critical Illness and Total and Permanent Disability
- Return of Premium option
|
Max Life Smart Secure Plus |
18 - 60 years |
Rs. 25 Lacs - Rs. 1 Crore |
- Terminal Illness
- Accelerated Critical Illness Benefit
- Special Exit Value
- Joint Life option
|
TATA AIA SRS Vitality Protect |
18 - 60 years |
Rs. 50 Lacs - Rs. 2 Crores |
- Early payout on Terminal illness
- Accidental Death
- Accidental Total & Permanent Disability
|
Bajaj Allianz Life eTouch |
18 - 55 years |
Rs. 50 Lacs - Rs. 10 Crores |
- Terminal Illness
- Waiver of Premium
- Early exit benefit
|
PNB MetLife Mera Term Plan Plus |
18 - 50 years |
Rs. 50 Lacs - Rs. 10 Crores |
- Life stage benefit
- Terminal Illness
- Accelerated Critical Illness
- Waiver of premiums on ATPD or CI
|
Canara HSBC Young Term Plan - Life Secure |
18 - 45 years |
Rs. 25 Lacs - Rs. 20 Crores |
- Block Your Premium
- Special Exit Value
- Child Care Benefit
|
Kotak Life e-Term |
18 - 65 years |
Rs. 50 Lacs - Rs. 10 Crores |
- Smart Exit Benefit
- Wellness Benefit
|
Edelweiss Life Zindagi Protect |
18 - 65 years |
Rs. 50 Lacs - No Limit |
- Flexible Death Benefit Payment Modes
- Tax Benefits
|
Aegon Life iTerm Prime |
18 - 65 years |
Rs. 25 Lacs - Rs. 20 Crores |
- Special Exit Value
- AD Rider
- CI Care Rider
|
ABSLI Salaried Term Plan |
21 - 55 years |
Rs. 50 Lacs - Rs. 5 Crores |
- Exclusively designed for salaried individuals
- Accelerated Critical Illness
- Tax Benefits
|
SBI Life eShield Next |
18 - 65 years |
Rs. 50 Lacs - Rs. 10 Crores |
- Terminal Illness
- Flexible Death Benefit Payment Modes
- Better Half Benefit
|
* You can use a term insurance premium calculator to estimate the premiums you would need to pay for the desired life cover.
How To Contact Policybazaar in Maharashtra Thane To Buy Term Plan?
You can easily visit the address mentioned below to contact Policybazaar in Maharashtra Thane to buy term plan:
Policybazaar Insurance Brokers Private Limited
Infinity Tower Mindspace, 1-B, Zakeria Rd,
Behind Lakozy Toyota showroom, Malad,
Rajan Pada, Ekta Nagar, Malad West,
Mumbai, Maharashtra Thane 400064
You can also contact Policybazaar through their Claim Assistance Helpline at 1800-258-5881, or log in to the 'My Account' section on their official website, or simply use the Policybazaar app to resolve your policy-related queries.
Why Should You Buy Term Insurance in Maharashtra Thane?
Buying term insurance is essential for Maharashtra Thane residents, given the state's diverse climate and prevalent health concerns. The need for financial protection is evident, from extreme weather conditions like floods and cyclones to health challenges such as tropical diseases.
Term insurance provides a crucial safety net, offering comprehensive coverage against life's uncertainties. Whether securing education funds, covering medical expenses, or ensuring family financial stability, term insurance offers peace of mind and protection against the unpredictable nature of life in Maharashtra Thane. With affordable premiums and tailored coverage, it's a proactive step towards securing loved ones' well-being and mitigating financial risks.
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Financial Protection: Term insurance in Maharastra provides your family with the required financial stability in case of an unforeseen event. Considering the state's diverse weather conditions, these plans become essential for people living in Maharashtra Thane.
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Affordable Premiums: Since term insurance is generally the most affordable type of life insurance, term plans in Maharashtra Thane are also highly affordable. These plans allow people from various financial backgrounds to buy term insurance. You can buy a 1 Crore term insurance starting at just Rs. 473 monthly.
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Child’s Future Education: With the ever-rising education costs in Maharashtra Thane, your family might struggle to pay for a child’s higher education in your absence. With term insurance, your family can use the benefit amount to pay for the child’s education.
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Tax Saving Benefits: You can claim tax benefits in term insurance under sections 80C, 80D, and 10(10D) of the Income Tax Act, 1961, as per the prevailing tax laws.
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Peace of Mind: Term insurance in Maharashtra Thane provides you with the peace of mind that your family will be financially protected in the event of your untimely demise. This allows you to live a stress-free life.