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flag Urban India's life insurance ownership reaches a record 78%, indicating growing financial security and awareness.

flag Life insurance ownership in urban India hits a record 78%, according to the Axis Max Life India Protection Quotient 7.0 survey. flag The Protection Quotient rose to 48 from 35 in 2019, and the Knowledge Index improved to 63, signaling better understanding of life insurance. flag Urban financial security reached 68%, surpassing pre-pandemic levels. flag For the first time, coverage (75%) is prioritized over cost in term life insurance purchases.

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