Mumbai, Mar 8:
Most individuals (round 91 per cent of respondents) within the nation take into account buying life insurance coverage a necessity however solely 70 per cent are prepared to put money into the identical, in response to a survey carried out by the Life Insurance coverage Council (LIC).
The findings are based mostly on a survey carried out throughout 40 cities with greater than 12,000 folks to know their notion in the direction of life insurance coverage.
The Life Insurance coverage Council is the face of the life insurance coverage business that connects varied stakeholders of the business.