HOW INDIA PURCHASES LIFE INSURANCE
85% aware of life insurance but only 28% had an active policy
Updated: 10 Jul 2023, 11:42 AM IST
TL;DR.
Awareness levels for life insurance stood at 85%. 70% respondents rated life insurance as “very important” to have. However, Only 53% of lapsers and 58% of non-users considered having life insurance as very important (vs. 82% of the users).
First Published: 10 Jul 2023, 11:42 AM IST