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Ahmedabad (Gujarat) [India], November 30 (ANI/PNN): The importance of life insurance for ensuring financial security is well-known, but the penetration of life insurance in the country remains abysmally low at just over 3 per cent. The huge financial risks women are exposed to due to lack of life insurance cover is what inspired Meha Parekh, a high school student from Ahmedabad, to set up a startup that focuses on making insurance accessible to women. Meha's startup InSurvive is a social venture that is insuring the lives of women from underprivileged backgrounds and making them self-reliant. The Ahmedabad International School (AIS) student is also working with banks to create a more equitable society. "While working on a school project, I learnt that a lot of women had bank accounts, but only a small minority had life insurance. Women are the main beneficiaries of life insurance but are reluctant to avail of insurance even though cases of families facing financial struggles d

Akhand jyotYoganjali kelvani mandalMeha parekhChiranjiv patelAhmedabad international schoolSukarma foundationAhmedabad gujarat indiaOvember 30 ani pnn the importance of life insurance for ensuring financial security is well knownUt the penetration of life insurance in country remains abysmally low at just over 3 per cent huge financial risks women are exposed to due lack cover is what inspired meha parekhA high school student from ahmedabadO set upa startup that focuses on making insurance accessible to women meha 39s insurvive isa social venture is insuring the lives of from underprivileged backgrounds and them self reliant ahmedabad international school ais student also working with banks createa more equitable society quot while ona projectI learnt thata lot of women had bank accountsUt onlya small minority had life insurance women are the main beneficiaries of but reluctant to avail even though cases families facing financial struggles due breadwinner 39s death quite common objective establishing insurvive was make aware importance and it easy for them purchaseUot says meha insurvive has collaborated with ngos such as karma foundationYoganjali kelvani mandalNd akhand jyot