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Insurance is the most preferred financial product to protect family post-Covid: Survey


Insurance is the most preferred financial product to protect family post-Covid: Survey
PTI
New Delhi |
Updated on
February 28, 2021
Representative image   -  Getty Images/iStockphoto×
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30 per cent of the people invested in life insurance for first time during the pandemic, says survey
Insurance has become the most-preferred financial product to protect the family against health emergencies post the Covid-19 pandemic with more people inclined to invest in insurance products in the next six months, according to a survey from Tata AIA Life Insurance.
According to a consumer confidence survey on the impact of Covid-19 commissioned by research agency Nielsen, life insurance turned out to be the most preferred financial tool driven by the need to secure family s future financially and the concern around medical emergencies. ....

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Life insurance to remain important than other investments: Survey


Life insurance to remain important than other investments: Survey
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1 min read
The survey reached out to 1,369 respondents across nine centres in the age group 25-55
Unlike the pre-covid-19 times, people are more inclined to buy a term plan than a unit-linked insurance plan or a traditional policy
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The momentum of buying life insurance may have slowed down compared to the initial days of the covid-19 pandemic. However, it remains the top priority of those who have not purchased it yet or don t have adequate cover, according to a survey.
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