Comments
Life insurance in India has generally been considered as a savings tool and not a protection tool. However, of late the trend has been changing and the importance of life cover is being recognized. Here are four charts which will give you more insights.
High premiums and lack of funds were the main reasons that people did not buy life insurance
Lack of funds and better investment opportunities were the main reasons for not renewing life insurance
Awareness about life insurance and its importance is high in 30 plus age group
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.