Limitations of Bagasse

Bagasse is a ubiquitous primary fuel in cogeneration plants in sugar mills, which adds more than 2,000 MW of renewable power to the Indian energy mix. The inclination of cogeneration plant managers towards bagasse is primarily because of its virtue of being easily available on-site, and no requirement to purchase it from the external market.

This remains true despite its several significant shortcomings as a boiler fuel, prime among which are very high moisture content and low calorific value. As a result, the fuel-to-energy ratio remains abysmally low and the consequent lesser power generation is depriving these sugar mills from achieving true revenue potential from their ancillary power business vertical, which is pegged at ~10,000 MW.

Sugarcane Trash – A Wonder Waste

Though, there is a much neglected high calorific value biomass which is available in proximity of every sugar mill and is also a residue of the sugarcane crop itself, which could enable the cogeneration units to achieve their maximum output potential. This wonder waste is sugarcane trash – the dry leaves of sugarcane crop – which is left in the farms itself after sugarcane harvesting as it has no utility as fodder and generally burnt by farmers, which harms the surrounding air quality substantially.

Given its favourable properties of having very low moisture content with moderate-to-high calorific value, sugarcane trash could be used in most of the high pressure boiler designs in a considerable proportion along with bagasse.

Undeniably, sugar mills should not discontinue using bagasse as the primary fuel, but surely complement it with sugarcane trash as it would lead to an increase in their revenue generation and would also allow them to expand operations of their cogeneration plant to off-season, as using sugarcane trash with bagasse in season would leave more bagasse for off-season usage.

Hurdles to Overcome

Despite these evident benefits, the major obstacle in development of sugarcane trash as an industrial boiler fuel has been its difficult collection from thousands of small and fragmented farms. Moreover, the trash becomes available and needs to be collected simultaneously during the operating season of the sugar mills, which makes deployment of resources, human or otherwise, for managing the procurement of trash very difficult for any sugar mill.

As a matter of fact, the sugar mills which initiated the pilots, or even scaled commercially, to utilise sugarcane trash along with bagasse, had to sooner or later discontinue its use, owing to the mammoth challenges discussed above.

The Way Forward

Thus, in order to utilise this wonder waste, there is a dire need to outsource its procurement to professional and organised players which establish the biomass supply chain infrastructure in the vicinity of the cogeneration units to make on-site availability of sugarcane trash as convenient as bagasse and enable them to procure the rich quality biomass at sustainable prices which leads to an increase in their profits.

These biomass supply chain companies offer value to the farmers by processing their crop residues in timely manner, thus prevent open burning of the crop residue and contribute to a greener and cleaner environment.

Indeed, owing to its favourable fuel properties, positive environmental impact and now, with ease in its procurement, sugarcane trash is the renewable fuel of today and future for the Indian sugar mills.

The post Sugarcane Trash – A Renewable Fuel of Today and Future first appeared on BioEnergy Consult.

Tanning refers to the process by which collagen fibers in a hide react with a chemical agent (tannin, alum or other chemicals). However, the term leather tanning also commonly refers to the entire leather-making process. Hides and skins have the ability to absorb tannic acid and other chemical substances that prevent them from decaying, make them resistant to wetting, and keep them supple and durable. The flesh side of the hide or skin is much thicker and softer. The three types of hides and skins most often used in leather manufacture are from cattle, sheep, and pigs.

Out of 1000 kg of raw hide, nearly 850 kg is generated as solid wastes in leather processing. Only 150 Kg of the raw material is converted in to leather. A typical tannery generate huge amount of waste:

• Fleshing: 56-60%
• Chrome shaving, chrome splits and buffing dust: 35-40%
• Skin trimming: 5-7%
• Hair: 2-5%

Over 80 per cent of the organic pollution load in BOD terms emanates from the beamhouse (pre-tanning); much of this comes from degraded hide/skin and hair matter. During the tanning process at least 300 kg of chemicals (lime, salt etc.) are added per ton of hides. Excess of non-used salts will appear in the wastewater.

Because of the changing pH, these compounds can precipitate and contribute to the amount of solid waste or suspended solids. Every tanning process step, with the exception of finishing operations, produces wastewater. An average of 35 m³ is produced per ton of raw hide. The wastewater is made up of high concentration of salts, chromium, ammonia, dye and solvent chemicals etc.

A large amount of waste generated by tanneries is discharged in natural water bodies directly or indirectly through two open drains without any treatment. The water in the low lying areas in developing countries, like India and Bangladesh, is polluted in such a degree that it has become unsuitable for public uses. In summer when the rate of decomposition of the waste is higher, serious air pollution is caused in residential areas by producing intolerable obnoxious odours.

Tannery wastewater and solid wastes often find their way into surface water, where toxins are carried downstream and contaminate water used for bathing, cooking, swimming, and irrigation. Chromium waste can also seep into the soil and contaminate groundwater systems that provide drinking water for nearby communities. In addition, contamination in water can build up in aquatic animals, which are a common source of food.

The post Wastes Generation in Tanneries first appeared on BioEnergy Consult.

Water resources generally depend critically not just upon rainfall, but also other weather phenomenon that together drive plant growth, photosynthesis and evaporation. Just as pollen and seed dispersal in the atmosphere are driven almost entirely by the weather, so too is the direction and distance of travel of atmospheric pollution.

Weather monitoring is also important not just in defining present climate, but also for detecting climate change and providing the data to input into models which enable us to predict future changes in our environment.

Because of the wide variety of uses for the information, there are a large number of environmental variables which are of interest to different groups of people. These include solar radiation, wind speed, wind direction, barometric pressure, air temperature, humidity and net radiation.

The demand for these data, usually on an hourly or more frequent timescale, has increasingly been met by the development and widespread deployment of automatic weather stations (AWS’s) over the past 30 years or so.

Automatic Weather Monitoring Station

EE-WMS-01, the automatic weather station developed by India-based Engineering and Environmental Solutions is a highly sophisticated monitoring & logging of intrinsic weather conditions like temperature, barometric pressure, wind direction, wind speed, wind chill and other optional parameters according to your requirements.

Application areas include agriculture, hydrology, ecology and meteorology. For any sort of customized application, Engineering and Environmental Solutions can give assistance to select the best blend of sensors, data logger and accessories accordingly.

• Field proven in severe weather conditions.
• Unattended weather recording at remote and exposed sites.
• Wide choice of sensors and accessories.
• GSM Modem communication.

Flexibility and Customization

The DL-W’s analog inputs can be fully customized. Each channel can have its own input type and recording parameters. Software gives the user control over reading frequency, thresholds and units, and provides recording options for average, min and max, plus specialized wind options including wind rose, gusts and wind averaging Users can add their own custom sensor types to the sensor library, exploiting the DL-W’s detailed configuration options.

The DL-W provides 4 input ranges down to microvolt resolution with adaptive auto-ranging, excellent analog accuracy, and configurable sensor excitation enabling it to support nearly all analog sensors. Calculations based on the measurements from several input channels can be recorded and displayed as additional virtual channels (calculated measurements).

For more information and business enquiries please visit www.enggenv.com or contact Mohammad Hamza on +91-9540990415 or email on enggenvsolution@gmail.com or salman@bioenergyconsult.com

The post Things to Know About Automatic Weather Monitoring first appeared on BioEnergy Consult.

In India, the government launched Ethanol Blended Petrol (EBP) programme in January 2013 for 5% ethanol blended petrol. The policy had significant focus on India’s opportunity to agricultural and industrial sectors with motive of boosting biofuel (bioethanol and biodiesel) usage and reducing the existing dependency on fossil fuel.

The Government of India initiated significant investments in improving storage and blending infrastructure. The National Policy on Biofuels has set a target of 20% blending of biofuel by 2017. However, India has managed to achieve only 5% by September 2016 due to certain technical, market and regulatory hurdles.

In India, sugarcane molasses is the major resource for bioethanol production and inconsistency of raw material supply holds the major liability for sluggish response to blending targets.  Technically speaking, blend wall and transportation-storage are the major challenges towards the biofuel targets. Blending wall is the maximum percent of ethanol that can be blended to fuel without decreasing the fuel efficiency.

Various vehicles are adaptable to various blending ratio based on the flexibility of engines. The technology for the engine modification for flex fuel is not new but making the engines available in India along with the supply chain and calibrating the engine for Indian conditions is the halting phase. The commonly used motor vehicles in the country are not effectual with flex fuel.

Ethanol being a highly flammable liquid marks obligatory safety and risk assessment measures during all phases of production, storage and transportation. The non-uniform distribution of raw material throughout the country, demands a compulsory transportation and storage, especially inter-state movement, encountering diverse climatic and topographic conditions.

Major bioethanol consumers in India are potable liquor sector (45%), alcohol based chemical industry (40%), the rest for blending and other purposes. The yearly profit elevation in major sectors is a dare to an economical ethanol supply for Ethanol Blending Programme. Drastic fluctuation in pricing of sugar cane farming and sugar milling resulted to huge debt to farmers by mill owners. Gradually the farmers shifted from sugarcane cultivation other crops.

Regulatory and policy approaches on excise duty on storage and transportation of ethanol and pricing strategy of ethanol compared to crude oil are to be revised and implemented effectively. Diversifying the feedstocks (especially use of lignocellulosic biomass) and advanced technology for domestic ethanol production in blending sectors are to be fetched out from research laboratories to commercial scale. Above all the knowledge of economic and environmental benefits of biofuel like reduction in pollutants and import bills and more R&D into drop-in biofuels, need to be amplified for the common man.

The post Bioethanol Sector in India: Major Challenges To Overcome first appeared on BioEnergy Consult.

Emissions continue to be a huge issue, and there are two main options for helping to rectify that. The first is electric, which is seeing widespread adoption; and the second, biomass fuel, for more traditional vehicles. Between the two, excellent progress is being made, but there’s much more to be done.

How electric is helping

Electric cars are favoured heavily by the national authorities. A recent Times of India report outlined how the government is aiming for an all-electric vehicle fleet by 2030 and is pushing this through with up to US$16m of electric vehicle grants this year.

Green vehicles are obviously a great choice, improving in-city noise and air pollution whilst providing better vehicular safety to boot; a study by the USA’s MIT suggested that electric vehicles are all-around safer than combustion.

However, where EVs fall down to some extent is through the energy they use. As they are charged from the electricity grid, this means that the electricity is largely derived from fossil fuels – official statistics show that India is 44% powered by coal. Ultimately, however, this does mean that emissions are reduced. Fuel is only burned at one source, and oil refining isn’t done at all, which is another source of pollutants. However, as time goes on and the government’s energy policy changes, EVs will continue to be a great option.

The role of biofuels

Biofuels are seeing a huge growth in use – BP has reported that globally, ethanol production grew 3% in 2017. Biofuel is commonly a more favoured option by the big energy companies given the infrastructure often available already to them. While biofuel has been slow on the uptake in India, despite the massive potential available for production, there are now signs this is turning around with the construction of two US$790m biofuel facilities.

The big benefit of biofuel is that it will have a positive impact on combustion and electric vehicles. The Indian government has stated they intend to use biofuel alongside coal production, with as much as 10% of energy being created using biofuel. Therefore, despite not being emission-free, biofuel will provide a genuine green energy option to both types of eco-friendly vehicle.

Green car fuel is not entirely clean. The energy has to come from somewhere, and in India, this is usually from coal, gas, and oil. However, the increase in biofuel means that this energy will inevitably get cleaner, making green car fuel absolutely a reality.

Also Read: Exploring the Rise of Green Energy Vehicles in Business

The post Is Green Car Fuel A Reality? first appeared on BioEnergy Consult.

Power Today: What are the challenges that the Waste to Energy sector faces in the current scenario where there is a rejuvenated interest in clean energy? Do you think the buzz around solar and wind power has relegated the Waste to Energy sector to the back benches?

Salman Zafar: India’s experience with waste-to-energy has been lackluster until now. The progress of waste-to-energy sector in India is hampered by multiples issues including

1. poor quality of municipal waste,
2. high capital and O&M costs of waste-to-energy systems,
3. lack of indigenous technology,
4. lack of successful projects and failure of several ambitious projects,
5. lack of coordination between municipalities, state and central governments,
6. heavy reliance on government subsidies,
7. difficulties in obtaining long-term Power Purchase Agreements (PPAs) with state electricity boards (SEBs)
8. lukewarm response of banks and financial institutions and (9) weak supply chain.

Waste-to-energy is different from solar (or wind) as it essentially aims to reduce the colossal amount of solid wastes accumulating in cities and towns all over India. In addition to managing wastes, waste-to-energy has the added advantage of producing power which can be used to meet rapidly increasing energy requirements of urban India.

In my opinion, waste-to-energy sector has attracted renewed interest in the last couple of years due to Swachch Bharat Mission, though government’s heavy focus on solar power has impacted the development of waste-to-energy as well as biomass energy sectors.

Power Today: India has a Waste to Energy potential of 17,000 MW, of which only around 1,365 MW has been realised so far. How much growth do you expect in the sector?

Salman Zafar: As per Energy Statistics 2015 (refer to http://mospi.nic.in/Mospi_New/upload/Energy_stats_2015_26mar15.pdf), waste-to-energy potential in India is estimated to be 2,556 MW, of which approximately 150 MW (around 6%) has been harnessed till March 2016.

The progress of waste-to-energy sector in India is dependent on resolution of MSW supply chain issues, better understanding of waste management practices, lowering of technology costs and flexible financial model. For the next two years, I am anticipating an increase of around 75-100 MW of installed capacity across India.

Power Today: On the technological front, what kinds of advancements are happening in the sector?

Salman Zafar: Nowadays, advanced thermal technologies like MBT, thermal depolymerisation, gasification, pyrolysis and plasma gasification are hogging limelight, mainly due to better energy efficiency, high conversion rates and less emissions. Incineration is still the most popular waste-to-energy technology, though there are serious emission concerns in developing countries as many project developers try to cut down costs by going for less efficient air pollution control system.

Power Today: What according to you, is the general sentiment towards setting up of Waste to Energy plants? Do you get enough cooperation from municipal bodies, since setting up of plants involves land acquisition and capital expenditure?

Salman Zafar: MSW-to-energy projects, be it in India or any other developing country, is plagued by NIMBY (not-in-my-backyard) effect. The general attitude towards waste-to-energy is that of indifference resulting in lukewarm public participation and community engagement in such projects.

Lack of cooperation from municipalities is a major factor in sluggish growth of waste-to-energy sector in India. It has been observed that sometimes municipal officials connive with local politicians and ‘garbage mafia’ to create hurdles in waste collection and waste transport.

Supply of poor quality feedstock to waste-to-energy plants by municipal bodies has led to failure of several high-profile projects, such as 6 MW MSW-to-biogas project in Lucknow, which was shut down within a year of commissioning due to waste quality issues.

Power Today: Do you think that government policies are in tandem when it comes to enabling this segment? What policies need to be changed, evolved or adopted to boost this sector?

Salman Zafar: A successful waste management strategy demands an integrated approach where recycling and waste-to-energy are given due importance in government policies. Government should strive to setup a dedicated waste-to-energy research centre to develop a lost-cost and low-tech solution to harness clean energy from millions of tons of waste generated in India.

The government is planning many waste-to-energy projects in different cities in the coming years which may help in easing the waste situation to a certain extent. However, government policies should be inclined towards inclusive waste management, whereby the informal recycling community is not robbed of its livelihood due to waste-to-energy projects.

Government should also try to create favourable policies for establishment of decentralized waste-to-energy plants as big projects are a logistical nightmare and more prone to failure than small-to-medium scale venture.

The post Waste-to-Energy in India: An Interview with Salman Zafar first appeared on BioEnergy Consult.

In recent years, solid waste management has been the only other unifying factor leading to public demonstrations all across India, after corruption and fuel prices. Public agitation resulted in some judicial action and the government’s remedial response, but the waste management problems are still unsolved and might lead to a crisis if this continues for too long without any long term planning and policy reforms.

Hunger Strike in Kerala

The President of Vilappilsala Village Panchayat went on a hunger strike recently, against her counterpart, the Mayor of Thiruvananthapuram. Thiruvananthapuram is the state capital of Kerala, and Vilappilsala is a village 22 km away.

Since July 2000, about 80% of the waste generated in Thiruvananthapuram is being transported to a waste composting plant and a dumpsite in Vilappilsala village. Since the same month, respiratory illnesses reported in Vilappil Primary Health Center increased by 10 times from an average of 450 to 5,000 cases per month. People who used to regularly swim in the village’s aquifer started contracting infections; swarms of flies have ever since been pervasive; and a stigma of filth affected households throughout the community. This was a source of frustration as locals who, as Indians, prize the opportunity to feed and host guests, found them unwilling to even drink a glass of water in their homes. Currently, there is not a single household which has not experienced respiratory illnesses due to the waste processing plant and the adjoining dumpsite.

On the other hand, Thiruvananthapuram’s residents had to sneak out at night with plastic bags full of trash to dispose them behind bushes, on streets or in water bodies, and had to openly burn heaps of trash every morning for months. This was because the waste generated was not being collected by the City as it could not force open the composting plant and dumpsite against large scale protests by Vilappilsala’s residents. This is why in August – 2012, about 2,500 police personnel had to accompany trucks to the waste treatment plant as they were being blocked by local residents lying down on the road, and by some, including the village’s President, by going on an indefinite hunger strike.

Municipal Commissioner Replaced in Karnataka

In response to a similar situation in Bengaluru, the state capital of Karnataka, where the streets were rotting with piles of garbage for months, the municipal commissioner of the city was replaced to specifically address the waste management situation. Against the will of local residents, a landfill which was closed following the orders issued by the state’s pollution control board in response to public agitation had to be reopened soon after its closure as the city could not find a new landfill site.

Population density and the scale of increasing urban sprawl in India make finding new landfill sites around cities nearly impossible due to the sheer lack of space for Locally Unwanted Land Uses (LULUs) like waste management.

Dengue Outbreak in West Bengal

Even if partially because of improper waste management, Kolkata, state capital of West Bengal and the third biggest city in India experienced a Dengue Fever outbreak with 550 confirmed cases and 60 deaths. This outbreak coincides with a 600% increase in dengue cases in India and 71% increase in malarial cases in Mumbai in the last five years.

Accumulation of rain water in non biodegradable waste littered around a city act as a major breeding environment for mosquitoes, thus increasing the density of mosquito population and making the transmission of mosquito related diseases like dengue, yellow fever and malaria easier.

Rabies in Srinagar

Rabies due to stray dog bites already kills more than 20,000 people in India every year. Improper waste management has caused a 1:13 stray dog to human ratio in Srinagar (compared to 1 per 31 people in Mumbai and 1 per 100 in Chennai), where 54,000 people were bitten by stray dogs in a span of 3.5 years. Municipal waste on streets and at the dumpsite is an important source of food for stray dogs.

The ultimate solution to controlling stray dogs is effective waste management. The public has been protesting about this stray dog menace for months now with no waste management solutions in sight, but only partial short term measures like dog sterilization.

The post Solid Waste Management – India’s Burning Issue first appeared on BioEnergy Consult.

Medical waste incinerators typically operate at high temperatures between 900 and 1200°C. Developing countries of Asia and Africa usually use low-cost, high-temperature incinerators of simple design for stabilization of healthcare wastes.

The most reliable and predominant medical waste incineration technology is pyrolytic incineration, also known as controlled air incineration or double-chamber incineration. The pyrolytic incinerator comprises a pyrolytic chamber and a post-combustion chamber.

Medical waste is thermally decomposed in the pyrolytic chamber through an oxygen-deficient, medium-temperature combustion process (800– 900°C), producing solid ashes and gases. The gases produced in the pyrolytic chamber are burned at high temperature (900– 1200°C) by a fuel burner in the post-combustion chamber, using an excess of air to minimize smoke and odours.

Small-scale decentralized incinerators used in hospitals, of capacity 200–1000kg/day, are operated on demand in developing countries, such as India. On the other hand, off-site regional facilities have large-scale incinerators of capacity 1–8 tonnes/day, operating continuously and equipped with automatic loading and de-ashing devices.

In recent years, mobile incinerators are getting attraction in the developing world as such units permit on-site waste treatment in hospitals and clinics, thus avoiding the need to transport infectious waste across the city.

However, the WHO policy paper of 2004 and the Stockholm Convention, has stressed the need to consider the risks associated with the incineration of healthcare waste in the form of particulate matter, heavy metals, acid gases, carbon monoxide, organic compounds, pathogens etc.

In addition, leachable organic compounds, like dioxins and heavy metals, are usually present in bottom ash residues. Due to these factors, many industrialized countries are phasing out healthcare waste incinerators and exploring technologies that do not produce any dioxins. Countries like United States, Ireland, Portugal, Canada and Germany have completely shut down or put a moratorium on medical waste incinerators.

The post Incineration of Medical Waste: An Introduction first appeared on BioEnergy Consult.

Unfortunately, they think such a crisis is required to bring about policy changes, as they generally tend to happen only after the damage has been done. This attitude is unfortunate because it indicates a lack of or failed effort from the sector to change policy, and also the level of India’s planning and preparedness.

An average of 32,000 people will be added to urban India every day, continuously, until 2021. This number is a warning, considering how India’s waste management infrastructure went berserk trying to deal with just 25,000 new urban Indians during the last decade. The scale of urbanization in India and around the world is unprecedented with planetary consequences to Earth’s limited material and energy resources, and its natural balance.

Rate of increase in access to sanitation infrastructure generally lags behind the rate of urbanization by 33% around the world; however, the lack of planning and impromptu piecemeal responses to waste management issues observed in India might indicate a much wider gap. This means urban Indians will have to wait longer than an average urban citizen of our world for access to proper waste management infrastructure.

The clear trend in the outbreak of epidemic and public protests around India is that they are happening in the biggest cities in their respective regions. Kolkata, Bengaluru, Thiruvananthapuram, and Srinagar are capitals of their respective states, and Coimbatore is the second largest city in Tamil Nadu. However, long term national level plans to improve waste management in India do not exist and guidance offered to urban local bodies is meager.

Apart from the Jawaharlal Nehru National Urban Renewal Mission (JnNURM), there has been no national level effort required to address the problem. Even though JnNURM was phenomenal in stimulating the industry and local governments, it was not enough to address the scale and extent of the problem. This is because of JnNURM is not a long term waste management financing program, sorts of which are required to tackle issues like solid waste management.

Are Cities Hands-tied or is Change Possible?

In the short term, municipal corporations have their hands tied and will not be able to deliver solutions immediately. They face the task of realizing waste management facilities inside or near cities while none of their citizens want them near their residences. Officials of Hyderabad’s municipal corporation have been conducting interviews with locals for about eight years now for a new landfill site, to no avail.

In spite of the mounting pressure, most corporations will not be able to close the dumpsites that they are currently using. This might not be the good news for which local residents could be waiting, but, it is important that bureaucrats, municipal officials and politicians be clear about it. Residents near Vellalore dump protested and blocked roads leading to the site because Coimbatore municipal officials repeatedly failed to fulfill their promises after every landfill fire incident.

Due to lack of existing alternatives, other than diverting waste fractionally by increasing informal recycling sector’s role, closing existing landfills would mean finding new sites.  Finding new landfills in and around cities is nearly impossible because of the track record of dumpsite operations and maintenance in India and the Not in My Backyard (NIMBY) phenomenon.

However, the corporations can and should take measures to reduce landfill fires and open burning, and control pollution due to leachate and odor and vector nuisance. This will provide much needed relief to adjacent communities and give the corporations time to plan better. While navigating through an issue as sensitive this, it is of the utmost importance that they work closely with the community by increasing clarity and transparency.

Municipal officials at the meeting repeatedly stressed the issue of scarcity of land for waste disposal, which led to overflowing dumpsites and waste treatment facilities receiving more waste than what they were designed for. Most municipal officials are of the sense that a magic solution is right around the corner which will turn all of their city’s waste into electricity or fuel oil or gas, or into recycled products. While such conversion is technologically possible with infinite energy and financial sources, that is not the reality.

Despite their inability to properly manage wastes, the majority of municipal officials consider waste as “wealth” when approached by private partners. Therefore, a significant portion of officials expect royalty from private investments without sharing business risk.

Also Read: Pioneering Waste-to-Biogas: Luc De Baere reflects on DRANCO’s Legacy and India’s Opportunity

The post Addressing India’s Waste Management Problems first appeared on BioEnergy Consult.

Insurance is a kind of investment that helps you secure your future. It helps not only you but also your family by setting aside some amount for their future well-being. Before you start looking for the best life insurance policy in India, there are some things that you should know about a life insurance policy. Let’s look at the five main things that you should keep in mind.

1. Inform your family

You have the best life insurance policy in India and are sure that your family’s future is secured but do they know about it? Always ensure that your family members know about the policy. A good idea would be to keep the policy document in a place where everyone can access it.

Since the policy is aimed at securing your family’s future, ensure that you walk them through the policy. Tell them about the policy number, insurance amount, and what kind of policy you have taken. A great tip would be to note all the important details somewhere where your family can easily look up the details. You could make a note in a digital diary or create a document on your home computer. This helps your family in claiming the money that is due to them without any hassles.

2. Look for high sum assured

While there is no number that can give you the actual value of human life, you do need an estimation of the amount of money you want to leave for your family. Always make sure that you opt for higher life insurance as that ensures that your family is well taken care of when you are gone. Even if you have the best life insurance policy in India, you have to see if it is accurately calculating your human life value.

There is a simple way to judge the amount of insurance. Typically, we would look at how much the person is earning and when they plan to retire. For instance, if Mr. X, aged 30, earns Rs 10 lakh per annum and plans to retire at 60, then the sum that he should aim at is Rs. 3 crores (10 lakh multiplied by 30). This is a simplified way of looking at this, you would also need to account for inflation and any hike in your salary to arrive at the value.

Taking insurance that assures you a sum at the higher end helps your family maintain their current standard of living. This is why it is very important to take a hard look at the assured sum of the life insurance policy.

3. Do your research before buying

This is very important as all policy sellers will tell you that they are the best life insurance policy in India. However, before you buy the life insurance policy, you need to do your research and ensure that it aligns with your financial goals.

Since your family’s future is at stake here, make sure you know the policy thoroughly. There are a few things that you need to look out for in particular. These include the human life value, why you want to insure, the type of life insurance policy, affordability, and the ease of policy servicing. In addition to these, also look at the claim ratio and how the linked funds are performing.

4. Know your needs before you invest

While all agents will claim they have the best insurance policy, does it align with what you want? This is the first thing you need to know. People take out insurance for a variety of reasons- safeguard their family’s future, education expenses, retirement planning.

After you identify why you need a life insurance policy, you can look for the best one for your needs. There is a range of life insurance policies that cater to different needs, and it can be easy to get lost in the information if you don’t know what you are looking for. Look at different online resources like life insurance explained to get a better idea of its finer points.

5. Make regular payments

Once you decide on the policy, ensure that you make regular payments. Simply having the best life insurance policy is not enough to secure your family’s future, you will need to actively invest in it.

Ensure that you keep on track with the payments and avoid a lapse of your policy at all costs. Remember that you are investing in your future and ensuring that your family is taken care of when you are gone.

The post Planning To Buy the Best Life Insurance Policy in India? 5 Things to Keep in Mind first appeared on BioEnergy Consult.