Haryana, meaning Forest Land of Hari, is an Indian state that surrounds the National Capital from three sides. Home to the largest number of rural crorepatis in India, Haryana is known for its vibrant lifestyle and blooming IT sector. However, there are multiple challenges in Haryana that you must secure your loved ones from. Water logging, soil salinity and erosion, growing traffic and deteriorating air quality are a few of them. Therefore, it becomes even more important for the citizens of Haryana to buy term plan and ensure the financial protection of their families. Let’s understand more about term life insurance in Haryana and the top term insurance plans to choose from.
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Here are some facts and statistics about Haryana that you must know to buy term plan:
Haryana’s Gurugram (formerly Gurgaon) is one of the top 5 IT hubs in Asia Pacific, and is a hotspot for Fortune 500 firms.
Between 2015 and 2019, Haryana’s sex ratio at birth showed improvement, rising from 876 to 923. However, there was a slight decline from 922 in 2020 to 914 in 2021.
Life expectancy at birth in Haryana has risen from 67 years (2006-2010) to 69.8 years (2014-2018), surpassing the national average of 69.4 years.
Literacy rate in Haryana has increased, reaching 75.55% according to the latest population census. Male literacy stands at 84.06%, while female literacy is at 65.94%.
As per census 2011, the current estimated population of Haryana is around 3.09 Crores.
*Note: The census scheduled for 2021 has been postponed to 2024 (until further notice)
According to the National Crime Records Bureau's report, Haryana ranks fourth highest in accidental death rates in the country.
As per the latest Cancer Statistics of India, Haryana is the state with the third highest crude cancer incidence rate in India.
Haryana has poor surface drainage facilities, which leads to flood in many parts of the state. On the contrary, drought occurs about once every three years, leading to severe agricultural loss. Moreover, with Gurgaon being an IT hub, the population and subsequent traffic growth has led to a degraded air quality. In such a situation, term insurance becomes a safety net, ensuring that your family is financially protected in the event of unforeseen situation. Hence, people living in Haryana must buy the best term insurance plans to secure the their loved ones amidst such circumstances.
You can easily find the best term life insurance plans in Haryana online through Policybazaar. With their comparison engine, you can compare term plans from over 15 top Indian insurers and buy the one that best suits your goals and requirements. Here are some of the best plans for people in Haryana, along with their benefits:
Term Insurance Plan | Entry Age | Sum Assured | Additional Benefits |
ICICI Prudential iProtect Smart | 18 to 65 years | Rs. 50 Lakhs to Rs. 20 Crores |
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HDFC Life Click 2 Protect Super | 18 to 65 years | Rs. 50 Lakhs to Rs. 20 Crores |
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Max Life Smart Secure Plus | 18 to 60 years | Rs. 25 Lakhs to Rs. 1 Crore |
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TATA AIA SRS Vitality Protect | 18 to 60 years | Rs. 50 Lakhs to Rs. 2 Crores |
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Bajaj Allianz Life eTouch | 18 to 55 years | Rs. 50 Lakhs to Rs. 10 Crores |
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PNB MetLife Mera Term Plan Plus | 18 to 50 years | Rs. 50 Lakhs to Rs. 10 Crores |
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Canara HSBC Young Term Plan - Life Secure | 18 to 45 years | Rs. 25 Lakhs to Rs. 20 Crores |
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Kotak Life e-Term | 18 to 65 years | Rs. 50 Lakhs to Rs. 10 Crores |
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Edelweiss Life Zindagi Protect | 18 to 65 years | Rs. 50 Lakhs to No Limit |
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Aegon Life iTerm Prime | 18 to 65 years | Rs. 25 Lakhs to Rs. 20 Crores |
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ABSLI DigiShield Plan | 5 to 55 years | Rs. 1 Lakh to No Limit |
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SBI Life eShield Next | 18 to 65 years | Rs. 50 Lakhs to Rs. 10 Crores |
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You can easily visit the address mentioned below to contact Policybazaar in Haryana to buy term plan:
Policybazaar.com Plot 57, Sector 44, Gurugram, Haryana – 122001 |
You can reach Policybazaar for assistance by calling the Claim Assistance Helpline at 1800-258-5881. You can also log in to your account on the Policybazaar website or use the Policybazaar app for any questions or doubts you may have.
*Note: You can easily contact Policybazaar insurance advisor to clear all queries, and know about the different term insurance plans.
With Haryana’s weather and flood conditions, and increasing pollution, there is a serious need for people to take extra care of their loved ones and therefore, buy life insurance. Here are some more reasons why people should buy term insurance in Haryana:
Financial Security Amidst Harsh Weather Conditions: Life becomes difficult under harsh weather conditions of Haryana, such as continuous rainfall leading to flash foods, droughts etc. These events can disrupt lives, causing financial strain or even loss of income. Hence, term insurance ensures that your loved ones are protected financially in such challenging times, offering death benefits to cover future expenses. With term insurance, you can know that your family's financial future is safeguarded, even in the face of harsh weather conditions.
Securing Quality Lifestyle: With Haryana becoming a major city for employment in the private sector, families from all across the country are relocating in Haryana. As they move in the state, they demand quality living and opportunities for a better lifestyle. Therefore, a term insurance plan becomes a safety net that eventually ensures financial support to your family to maintain a quality lifestyle even in your absence.
Protection From Future Inflation: As Haryana develops in the IT sector, thereby offering job opportunities to millions of people all across the city, the state’s healthcare infrastructure, and medical costs will soar higher. In such a case, term insurance steps help you from this burden by covering potential medical costs, ensuring your family remains financially secure to tackle the different challenges. The life cover you choose will eventually ensure that basic needs, such as accommodation, children’s education, and day-to-day expenses are covered. So, choose your life cover carefully.