News From Press Life insurance ownership at all-time high of 78%; India Protection Quotient hits 48: Axis Max Life survey

Life insurance ownership at all-time high of 78%; India Protection Quotient hits 48: Axis Max Life survey

Source: CNBC TV18 May 6, 2025

Life insurance ownership in urban India has hit an all-time high of 78%, according to the latest Axis Max LifeIndia Protection Quotient (IPQ) 7.0 survey. This marks a rise in awareness and willingness to secure financial protection among Indians, the report said.

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