Why most Indians are still underinsured despite buying insurance
Last Update Date: 06-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar is the subject of the article's opening story: early in his career he nearly bought a money-back policy before working out that its life cover was far too small to protect his family.
More of Abhishek's views on insurance
The article examines why many Indians remain underinsured despite owning life insurance policies. It explains how money-back and endowment plans mix savings with protection and leave cover low, sets out a way to estimate the cover a family needs, and makes the case for term insurance to fill the gap.
Publisher source
Why most Indians are still underinsured despite buying insurance