It’s well known that India insures poorly. A report by Swiss Re, a global reinsurance company, places the protection gap in India as the second highest in Asia. This is the gap between how much life insurance cover a person buys and how much she actually needs. Further, in the case of women, this gap is much wider.
“Among the individuals insured in India, about one-fourth are women and the protection gap is much worse,” said Kalpana Sampat, chief executive officer, Swiss Re India Branch.
So on International Women’s Day as we nudge you to be more in charge financially, we also want to draw your attention to insurance. And what better way to do that than to have women professionals from the sector give you advice on the insurance products to buy.