Term Life Insurance in Dadra and Nagar Haveli 2024

Additionally, there are persistent issues with healthcare access and employment opportunities. Therefore, it is crucial for the citizens of Dadra and Nagar Haveli to buy a term plan to secure their family's financial future. Let's learn more about term life insurance in Dadra and Nagar Haveli and explore the top term insurance plans available to protect your loved ones in this union territory.

Need For Term Insurance Based On Statistics Of Dadra and Nagar Haveli

Here are some facts and statistics about Dadra and Nagar Haveli that you must know to buy term insurance plan:

• The sex ratio in Dadra and Nagar Haveli is 774 females for every 1000 males, which is below the national average of 940 according to the latest census.

• The crude birth rate and crude death rate in Dadra and Nagar Haveli decreased from 29.4 and 5.1 in 2005 to 21.9 and 3.7 in 2019, respectively.

• The literacy rate in Dadra and Nagar Haveli has seen upward trend and is 76.24 percent as per latest population census.

• The current estimated population of Dadra and Nagar Haveli is 5.46 Lakhs.

• In 2022, there were 196 road accidents in Dadra and Nagar Haveli, resulting in fatalities, injuries, and property damage.

• According to data from the Indian Council of Medical Research (ICMR), there were 349 cancer cases, including prostate cancer, reported in Dadra and Nagar Haveli in 2014.

Term Life Insurance Quotes in Dadra and Nagar Haveli 2024

Citizens of Dadra and Nagar Haveli face annual challenges like monsoon-induced flooding, inadequate infrastructure, water supply shortages, and poor educational facilities. Additionally, they deal with healthcare access issues, limited employment opportunities, and pollution from nearby industrial areas. Hence, people living in Dadra and Nagar Haveli must buy the term insurance plans to secure the their families amidst such conditions. 

You can find the term life insurance plans in Dadra and Nagar Haveli easily online through Policybazaar. With the help of their comparison engine, you can compare plans from over 15 top 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 Dadra and Nagar Haveli?

You can reach Policybazaar for claim assistance by calling their helpline at 1800-258-5881. 

Additionally, you can log in to the 'My Account' section on the Policybazaar website or use the Policybazaar app for any queries or support.

*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 Dadra and Nagar Haveli?

With Dadra and Nagar Haveli’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 Dadra and Nagar Haveli:

• Monsoon-Induced Flooding: Heavy monsoon rains frequently cause severe flooding in Dadra and Nagar Haveli, damaging homes, infrastructure, and personal property. Term insurance provides financial protection by ensuring that families affected by flooding receive necessary funds to recover and rebuild their lives once the policyholder is no longer alive. 

• Inadequate Infrastructure: The region suffers from poor infrastructure, including inadequate roads, bridges, and public facilities, leading to accidents and fatalities. Term insurance offers financial support to families in case of accidents or fatalities caused by poor infrastructure, ensuring that unexpected medical expenses, funeral costs, and loss of income are covered, helping families maintain stability during difficult times.

• Limited Employment Opportunities: The region faces a scarcity of job opportunities, making it difficult for many families to achieve financial stability. Term insurance offers financial security to families struggling with financial tension in case the breadwinner unfortunately passes away. That way, term insurance ensures that the family has the means to support themselves, covering essential expenses.

• Pollution and Health Risks: Industrial pollution in Dadra and Nagar Haveli poses significant health risks to residents. Moreover, increased medical expenses is a serious issue in the entire country, including in this union territory. Term insurance helps cover medical expenses and loss of income due to health issues caused by pollution, ensuring that families can afford necessary medical treatments and maintain their standard of living despite health crises.