West India Leads in Term Insurance Uptake 1 in 3 opt for Term Plans to Safeguard Future Finances Max Life’s IPQ 6.0

Key Findings of the Max Life IPQ 6.0 Survey• West India elevates financial stability with a 4-Point jump in Protection Quotient – highest across zones• 1 out of 3 in urban West India have invested in a term plan driving financial security levels to nearly 60 points• Mumbai ranks #1 in Financial Protection Quotient amongst Metros, on the back of 100% awareness of life insurance solutions• 6 in 10 in Mumbai now own Term Insurance, a substantial rise from previous editionsNEW…
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Source: https://www.theweek.in/wire-updates/business/2024/04/26/dcm11-max-life-insurance.amp.html