Term Life Insurance in Delhi 2024

Renowned for its political significance, architecture, diverse food culture, and vibrant lifestyle, Delhi is a melting pot of multiple cultures that live in harmony. However, there are various challenges in Delhi that you must protect your family from. The deteriorating Air Quality Index (AQI), polluted rivers and inflation are some of them. Hence, it becomes very important for the citizens of Delhi to buy term plan to ensure the financial security of their loved ones. Let’s understand more about term life insurance in Delhi and the term insurance plan you can buy to secure your loved ones. 

Need For Term Insurance Based On Statistics Of Delhi

Here are some facts and statistics about Delhi that you must know to buy term plan:

• Delhi, officially referred to as the National Capital Territory (NCT), is home to India’s longest metro network.

• In 2022, the sex ratio in Delhi rose to 929 from 809 in 2001.

• In Delhi, the life expectancy at birth for males is 73 years and 76.2 years for females.

• As per recent statistics, the literacy rate in Delhi has been increasing and currently stands at 86.21 percent, according to the latest population census. Among males, the literacy rate is 90.94 percent, while among females, it's 80.76 percent.

• In 2023, Delhi's population was nearly 35 million people, showing a growth of 2.73% from the previous year.

• In 2022, Delhi's death rate per 1000 people was 6.07, down from 8.28 in 2021. The infant mortality rate per 1000 live births was 23.82 in 2022, slightly higher than 23.60 in 2021.

• As per recent statistics, breast cancer was the most common type of cancer in women in Delhi, making up 28.6% of cases, with a median age of 50 years. The crude incidence rate for breast cancer was 34.8 per 100,000 females, while the age-standardized rate was 41.0 per 100,000 females.

Term Life Insurance Quotes in Delhi 2024

With rising pollution levels and the associated health concerns, primarily due to poor Air Quality Index (AQI), protecting one's family becomes crucial. Moreover, the city witnesses floods during monsoons and a subsequent increase in medical and education costs. In such a situation, term insurance emerges as a safety net, therefore ensuring that your loved ones are protected financially in the event of unforeseen circumstances. Hence, people living in Delhi must buy the term insurance plans to secure the their families amidst such conditions. 

You can find the term life insurance plans in Delhi easily online through Policybazaar. With the help of their comparison engine, you can compare plans from 20+ Indian insurers and buy the term plan. Here are some of the plans along with their benefits.

*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

How can you contact Policybazaar to buy term insurance in Delhi?

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

Policybazaar.com
Plot 57, Sector 44,
Gurugram, Haryana – 122001

You can also contact Policybazaar through the Claim Assistance Helpline Number at 1800-258-5881.

Moreover, you can log in to the 'My Account' section on the Policybazaar website or directly use Policybazaar’s app to receive assistance if you have any queries.

*Note: You can easily contact Policybazaar insurance advisor to clear all doubts, and know about various term insurance plans available.

Why Should You Buy Term Insurance In Delhi?

With Delhi’s extreme weather conditions, and pollution, there is an even more need for life insurance. Here are some more reasons why you should buy term insurance in Delhi:

• Financial Protection Amidst Growing Inflation: As living expenses rise in Delhi, opting for a term insurance plan becomes crucial for securing your family's financial future. The life cover you choose ensures that essential needs like housing, education, and daily expenses remain covered, and therefore, your family can be stable during unforeseen situations.

• Education and Securing Tomorrow: With Delhi becoming the hub of modern education, families prioritize their children's future and therefore, a term plan becomes a safety net for your child's academic journey, ensuring financial support even in your absence.

• Managing Healthcare Expenses: Despite Delhi's rising healthcare infrastructure, unexpected medical emergencies can become stressful. Term insurance steps in to relieve you from this burden by covering potential medical costs, ensuring your family remains financially equipped to tackle health challenges.

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