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Urban India's life insurance ownership reaches a record 78%, indicating growing financial security and awareness.
Life insurance ownership in urban India hits a record 78%, according to the Axis Max Life India Protection Quotient 7.0 survey.
The Protection Quotient rose to 48 from 35 in 2019, and the Knowledge Index improved to 63, signaling better understanding of life insurance.
Urban financial security reached 68%, surpassing pre-pandemic levels.
For the first time, coverage (75%) is prioritized over cost in term life insurance purchases.
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La propiedad de seguros de vida en la India urbana alcanza un récord del 78%, lo que indica una creciente seguridad y conciencia financiera.