People cite many reasons for not buying term life insurance cover. Find out why they are

[IndiaInsurance]

https://img.etimg.com/photo/89195706.cms (https://economictimes.indiatimes.com/wealth/insure/life-insurance/people-cite-many-reasons-for-not-buying-term-life-insurance-cover-find-out-why-they-are/articleshow/89195706.cms) The India Protection Quotient survey by Max Life Insurance revealed that term insurance ownership among urban Indians shot up by 4 percentage points in 2021. But even after the increase, less than one-third (32%) of the respondents had term insurance.

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