News From Press 68% insured Indians believe they have adequate life insurance but only 6% have sufficient coverage: Study

68% insured Indians believe they have adequate life insurance but only 6% have sufficient coverage: Study

Source: Mint Sep 13, 2023

The lack of adequate insurance is a reality in many Indian families. Besides, misconceptions surrounding insurance and its effectiveness have refrained many people from considering any one of them.

This “Life Insurance Awareness Month”, SBI Life Insurance has redirected its investors’ focus on life insurance by unveiling the third edition of its comprehensive consumer study “Financial Immunity Study (F.I.) 3.0” titled “Demystifying the Consumer’s Illusions”.

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