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Term Life Insurance in West Bengal Birpara 2024

West Bengal, also known as the ‘City of Joy’, is an eastern-Indian state known being one of the busiest and fastest-growing states. However, amidst this fast-paced movement, there are several challenges that West Bengal experiences. Some of them are rising unemployment in the state, increased prices of products and services and growing traffic. 

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Hence, it becomes crucial for the citizens of West Bengal Birpara to secure their families for the unforeseeable future and buy term insurance. When you buy term plan, you ensure the financial protection of your loved ones living in West Bengal Birpara. Let’s understand in a detailed way term life insurance in West Bengal Birpara and the term insurance plans available. 

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Need For Term Insurance Based On Statistics Of West Bengal

Here are some interesting facts and statistics about West Bengal that you must know before you buy term plan:

  • As per the statistics of 2024, West Bengal’s sex ratio at birth is 950, meaning there are 950 females for every 1000 males. This is below the national average of 940, according to the latest census.

  • As per statistics from 2014-18, life expectancy at birth in West Bengal was 71.6% until 2018.

*Note: The census scheduled for 2021 has been postponed to 2024 (until further notice)

  • According to statistics by the West Bengal Traffic Police Department, West Bengal reported a total of 9180 accidents in the year 2020, out of which 4927 were accidental deaths and 8314 people were injured. 

  • As per the recent reports of Cancer Foundation of India, West Bengal reported the highest number of lung cancer cases, with over 75% of the population using some form of tobacco. Doctors in Calcutta report that at least two cases of lung cancer are discovered every month among people aged 16 to 18. With term insurance plan with critical rider benefit, you can be assured of staying covered even after diagnosis of such critical illness.

one crore term plan
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Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Term Life Insurance Quotes in West Bengal Birpara 2024

West Bengal Birpara is a beautiful city with many challenges that people must be prepared for. And that’s why it is important that you secure your loved ones for the future with term insurance. People living in West Bengal Birpara must buy the term insurance plans to secure their loved ones amidst harsh weather conditions, growing inflation and pollution, and rising healthcare costs. 

You can easily find the term plans in West Bengal Birpara online with the help of Policybazaar. Their comparison engine lets you compare plans from over 15 leading Indian insurers and choose the plan that matches your needs. Here are some of the plans available, along with their benefits:

Life Insurance Company Term Insurance Plan Claim Settled Amount (cr) Entry Age Sum Assured Additional Benefits
Aditya Birla Sun Life Insurance Company Limited ABSLI Salaried Term Plan 458 21 to 55 years Rs. 50 Lakhs to Rs. 5 Crores
  • Exclusively designed for salaried individuals
  • Accelerated Critical Illness
  • Tax Benefits
Aviva Life Insurance Company India Limited Aviva Signature 3D Term Plan 98 18 to 65 years Rs. 5 Lakhs to no limit
  • Financial protection for family
  • Enhance cover with riders
  • Tax benefits
Bajaj Allianz Life Insurance Company Limited Bajaj Allianz eTouch 603 18 to 55 years Rs. 50 Lakhs to Rs. 10 Crores
  • Terminal Illness
  • Waiver of Premium
  • Early exit benefit
Bandhan Life Insurance Company Limited Bandhan Life iTerm Prime 86 18 to 65 years Rs. 25 Lakhs to Rs. 20 Crores
  • Special Exit Value
  • AD Rider
  • CI Care Rider
Bharti Axa Life Insurance Company Limited Flexi Term Pro 148 18 to 65 years Rs. 25 Lakhs to no limit
  • Choose from 2 cover options
  • Get single or joint cover
  • Life stage benefits
Canara HSBC Life Insurance Company Limited Canara Young Term Plan 186 18 to 45 years Rs. 25 Lakhs to Rs. 20 Crores
  • Block Your Premium
  • Special Exit Value
  • Child Care Benefit
Edelweiss Life Insurance Company Limited Edelweiss Life Zindagi Plus 59 18 to 65 years Rs. 25 Lakhs - no limit
  • Option to cover spouse as well
  • Increase cover yearly
  • Post-hospitalisation benefits offered
Future Generali India Life Insurance Company Limited Future Generali India Term Insurance Plan 33 18 to 60 years Rs. 50 Lakhs to no limit
  • Financial protection for family
  • Tax benefits
  • Enhance cover with riders
HDFC Life Insurance Company Limited HDFC Click 2 Protect Super 1,389 18 to 65 years Rs. 50 Lakhs to Rs. 20 Crores
  • Terminal illness Benefit
  • Waiver of Premium on Critical Illness and Total and Permanent Disability
  • Return of Premium option
ICICI Prudential Life InsuranceCompany Limited ICICI iProtect Smart 1,950 18 to 65 years Rs. 50 Lakhs to Rs. 20 Crores
  • Terminal Illness benefit
  • Waiver of Premium
  • Life stage benefit
IndiaFirst Life Insurance Company Limited IndiaFirst Life Elite Term Plan 160 18 to 60 years Rs. 1 Lakh to Rs. 5 Crore
  • Long term cover
  • Financial protection for family
  • Flexible premium payments
Kotak Mahindra Life Insurance Company Limited Kotak Life e Term 321 18 to 65 years Rs. 50 Lakhs to Rs. 10 Crores
  • Smart Exit Benefit
  • Wellness Benefit
Life Insurance Corporation of India LIC New Tech Term Plan 18,398 18 to 65 years Rs. 50 Lakhs to no limit
  • Choose from 2 sum assured
  • Enhance cover with riders
  • Pay premiums as per convenience
Axis Max Life Insurance Company Limited Max Life Smart Secure Plus 1,242 18 to 60 years Rs. 25 Lakhs to Rs. 1 Crore
  • Terminal Illness
  • Accelerated Critical Illness Benefit
  • Special Exit Value
  • Joint Life option
PNB MetLife India Insurance Company Limited PNB MetLife Mera Term Plan Plus 407 18 to 50 years Rs. 50 Lakhs to Rs. 10 Crores
  • Life stage benefit
  • Terminal Illness
  • Accelerated Critical Illness
  • Waiver of premiums on ATPD or CI
Pramerica Life Insurance Company Limited Pramerica Life Rock Solid Plan 30 18 to 65 years Rs. 50 Lakhs to no limit
  • Smart Exit benefit
  • Option to choose increasing cover
  • Cover spouse in the same plan
SBI Life Insurance Company Limited SBI eShield Next Plan 1,676 18 to 65 years Rs. 50 Lakhs to Rs. 10 Crores
  • Terminal Illness
  • Flexible Death Benefit Payment Modes
  • Better Half Benefit
Shriram Life Insurance Company Limited Shriram Life Smart Protection Plan 109 18 to 65 years Rs. 30,000 to Rs. 14 Lakhs
  • Choose from 3 plan options
  • Get inbuilt accidental cover
  • Affordable premiums
Star Union DAI-ICHI Life Insurance Company Limited SUD Life Protect Shield Plus 113 18 to 60 years Rs. 1 Crore to 2 Crore
  • Change premium pay frequency
  • Choose convenient mode of payment
  • Tax benefits
Tata AIA Life Insurance Company Limited Tata AIA SRS Vitality Protect 776 18 to 60 years Rs. 50 Lakhs to Rs. 2 Crores
  • Early payout on Terminal illness
  • Accidental Death
  • Accidental Total & Permanent Disability

*Disclaimer: The list of insurers mentioned are arranged according to the alphabetical order of the name of insurance company respectively. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

*Note: It is important to firstly understand what is term insurance before you choose the right term plan.

How to Buy Term Life Insurance from Policybazaar?

How can you contact Policybazaar to buy term insurance in West Bengal Birpara?

You can easily visit the address mentioned below to contact Policybazaar in West Bengal Birpara to buy term plan:

Genesis Building, 13th Floor,

Unit no - 1306

Block - EP & GP,

Sector - 5

Salt Lake City, Bidhannagar, 

Kolkata - 700091

You can get help from Policybazaar by calling their Claim Assistance Helpline at 1800-258-5881. Additionally, you can log in to your Policybazaar account on their website or use their app to ask any questions or clear doubts you may have.

*Note: You can easily contact Policybazaar insurance advisor to clarify doubts and understand about the different term insurance plans available.

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Why Should You Buy Term Insurance In West Bengal Birpara?

West Bengal is situated on the banks of the Hooghly River, and therefore, the state witnesses frequent floods during the monsoon season. Moreover, as West Bengal is becoming a hub for higher education facilities, there has been a subsequent population influx in recent years, thereby raising prices of basic commodities and products. Hence, you must buy life insurance or term insurance to protect your loved ones from all financial burden in the unfortunate event of your demise. Here are some more reasons why people should buy term insurance in West Bengal Birpara:

  • Protection Against Severe Weather Conditions: In West Bengal Birpara, harsh weather conditions like increasing heat, rain and floods can make sustenance tough, causing financial strain and loss of income. Term insurance helps protect your family financially during these tough times by providing death benefits to cover future expenses. It ensures that your family's financial future remains secure, even during difficult weather conditions.

  • Securing Quality Lifestyle: As West Bengal Birpara grows as new IT Hub of the country, people are moving to the state for better opportunities. With this shift comes the need for quality living and a chance at a better lifestyle. That's where a term insurance plan comes in handy. Which means that a term plan acts as a safety net, providing financial support to your family, ensuring they can maintain a good quality of life even if you're not around.

  • Protection From Future Inflation: West Bengal Birpara has seen a rise in healthcare and academic costs making term insurance an even more important decision. A term plan will make sure that even when you are no longer alive, your family will not have to be burdened by the costs of living a comfortable life. The life cover you choose will eventually ensure that basic needs, such as accomodation, children’s education, and day-to-day expenses are covered. So, choose your life cover carefully.

*Note: You can use the term insurance calculator to easily calculate your term insurance premium for your chosen life cover.

FAQ's

  • Q: What are some key statistics about West Bengal Birpara that highlight the need for term insurance?

    Ans: West Bengal Birpara's capital, Kolkata, was India's capital until 1911. As per the latest census, the sex ratio is 950 females for every 1000 males, below the national average. The literacy rate is 76.26%, with male literacy at 81.69% and female literacy at 70.54%. The state reported a significant number of accidents and lung cancer cases.
  • Q: What are some of the term insurance plans available in West Bengal Birpara in 2024?

    Ans: Here are some term insurance plans:
    ICICI Prudential iProtect Smart
    HDFC Life Click 2 Protect Super
    Max Life Smart Secure Plus
    Tata AIA SRS Vitality Protect
    Bajaj Allianz Life eTouch
  • Q: How can I contact Policybazaar to buy term insurance in West Bengal Birpara?

    Ans: You can visit their office at Genesis Building, 13th Floor, Sector - 5, Salt Lake City, Kolkata. You can also call their Claim Assistance Helpline at 1800-258-5881 or use their website or app.
  • Q: Why should I buy term insurance in West Bengal Birpara?

    Ans: Term insurance provides financial protection against various challenges faced in West Bengal Birpara, including severe weather conditions, rising inflation, and population influx. It ensures your family's financial security and helps maintain a quality lifestyle.
  • Q: Why buy term plans from Policybazaar?

    Ans: Policybazaar offers dedicated claim support, online discounts, recorded calls for transparency, local advisors, and easy refunds.
  • Q: How do I buy term plans from Policybazaar in West Bengal Birpara?

    Ans: You can contact Policybazaar through their helpline, visit their office, or use their website or app to explore and purchase term plans.
Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. 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 complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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


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