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    HomeNewsBusinessPersonal FinanceIndians lack adequate life, health cover as they save through insurance products

    Indians lack adequate life, health cover as they save through insurance products

    The underinsurance can be blamed on the inclination of Indians to use insurance for savings and not for protection. The report takes into account underinsurance in six areas — life, annuity, pension, health, property, and cyber insurance.

    Khyati Dharamsi
    December 15, 2023 / 17:44 IST
    A NIA report says that there is a 93 percent gap in pension plans in tier-1-6 cities
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