Buy Term Insurance In Puri, Odisha 752109 - ₹25,00,000 Cover At Low Premiums

Protect your family’s future with a high-cover, low-premium term plan. In Puri, Odisha 752109 you can get ₹1,00,00,000 coverage starting around ₹9,600 (age 30, non-smoker)-with flexible payout options and essential riders.
PolicyBachat helps you calculate the right sum assured, compare top insurers by claim settlement ratio, add riders like Critical Illness and Accidental Death, and buy fully online with minimal paperwork.

Why Buy Term

  • tick Large cover for a fraction of your salary
  • tick Choose lump sum or monthly income payouts for family
  • tick Rider boosts for accident/illness protection
  • tick Tax benefits under 80C/10(10D)

How Much Cover

  • tick 10-15× annual income + all outstanding loans
  • tick Add kids’ education/marriage goals
  • tick Choose term that covers you till retirement + 5-10 years
  • tick Consider whole-life (to 99) if you want legacy protection

Premium Snapshots

Profile SA Term Premium/yr (₹) Notes
25, Non-smoker ₹1 Cr 35 yrs ₹8,200 Cheapest bracket
30, Non-smoker ₹1 Cr 30 yrs ₹9,600 Most common
35, Smoker ₹1 Cr 30 yrs ₹14,800 Smoker load applies
40, Non-smoker ₹1 Cr 20 yrs ₹18,900 Higher age, higher premium

Riders

  • tick Critical Illness (CI): Lump sum on listed illnesses.
  • tick Accidental Death Benefit (ADB): Extra payout on accidental death.
  • tick Waiver of Premium (WOP): Future premiums waived on disability/CI.
  • tick Income Benefit: Monthly income to nominee for 60 months.

Payout Options

  • tick Lump Sum (one-time)
  • tick Monthly Income (₹8,333/month for 60 months)
  • tick Combo (e.g., 50% lump + income)

Eligibility & Docs

  • tick Age: 18-65; SA up to ₹2,00,00,000
  • tick KYC (PAN/Aadhaar), address, income proof (ITR/salary slips), medicals as required

How To Buy

  • 1 Enter age, income, city (Puri, Odisha 752109)
  • 2 Choose cover (₹1,00,00,000) & term (10-40 yrs)
  • 3 Add riders (CI/ADB/WOP)
  • 4 Pay & schedule medical (if needed)
  • 5 Get e-policy instantly after approval

Localized Section For Puri, Odisha 752109

  • tick Popular cover: ₹50,00,000-₹1,00,00,000.
  • tick Avg premium (age 30, NS, ₹1 Cr): ₹9,800.
  • tick Top claim ratios: Max Life 99.65%, HDFC Life 99.39%, ICICI Prudential 98.60%.

Frequently Asked Questions

Because premiums, claim settlement ratios, riders, and service quality vary widely. Comparing ensures you get maximum cover, best claim record, and lowest premium for your profile.

Both matter. Always balance claim settlement ratio (above 95%) with a competitive premium. The cheapest plan isn’t necessarily the most reliable.

CSR = (Total claims settled ÷ Total claims received) × 100.
It shows how likely your insurer is to honor a valid claim.

Yes. Online plans are 10-30% cheaper because there are no middlemen or commission costs. The coverage and benefits remain identical.

Absolutely. PolicyBachat lets you customize term, sum assured, and riders to see how each combination affects your premium instantly.

No. It’s purely informational. Comparing plans online has no impact on your financial record or eligibility.

• Limited Pay: Higher annual premium but finished in fewer years.
• Regular Pay: Lower annual premium, spread over policy term.
Choose based on your cash flow and long-term income stability.

No. Riders differ by insurer. Some offer Critical Illness + ADB, while others include Waiver of Premium or Income Benefit. Always compare rider options carefully.

Yes. Enter your tobacco use honestly - premiums differ significantly. A non-smoker pays up to 40% less for the same cover.

Yes, many insurers offer Joint Life Term Plans, ideal for couples. It covers both under one policy with separate or shared payouts.

Most do for large covers (₹50 lakh+). Comparing helps you see which insurers allow tele-medicals or simplified health declarations.

You can switch during renewal or buy a new plan anytime. There are no penalties for switching; just ensure your new plan is active before canceling the old one.

You can view sample quotes, but for accurate pricing and eligibility, age, gender, and city are required inputs.

Based on IRDAI data, companies like HDFC Life, ICICI Prudential, Max Life, and Tata AIA consistently show >95% claim ratios.

Yes. Once you choose and apply through PolicyBachat, your data flows directly to the insurer - ensuring faster underwriting and policy issuance.

Customer Reviews

“Seamless online process; best quote in 5 minutes.”

Aditya Kulkarni, Pune

“Clear advice on riders-took CI + WOP.”

Meera D’Souza, Bengaluru

“Got ₹1 Cr cover at a price I didn’t expect.”

Kunal Chopra, Delhi

“Loved the income payout option for my family.”

Farida Sheikh, Ahmedabad

“Medical scheduled next day, policy issued fast.”

S. Prathap, Chennai

“Transparency on claim ratios helped me choose.”

Nivedita Roy, Kolkata

Related Resources

  1. Buy Term Insurance
  2. Odisha
  3. Puri
  4. 752109

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