According to a survey conducted in 2023 in India, ** percent of the respondents lacked the understanding of life insurance products. ** percent of the respondents stated that high premiums were the primary reason for not purchasing life insurance.
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Policybazaar. (July 5, 2023). Reasons for not purchasing life insurance in India as of March 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1421728/india-reasons-for-not-purchasing-life-insurance/
Policybazaar. "Reasons for not purchasing life insurance in India as of March 2023." Chart. July 5, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1421728/india-reasons-for-not-purchasing-life-insurance/
Policybazaar. (2023). Reasons for not purchasing life insurance in India as of March 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1421728/india-reasons-for-not-purchasing-life-insurance/
Policybazaar. "Reasons for Not Purchasing Life Insurance in India as of March 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 5 Jul 2023, /statistics/1421728/india-reasons-for-not-purchasing-life-insurance/
Policybazaar, Reasons for not purchasing life insurance in India as of March 2023 ÌÇÐÄÆƽâ°æ, /statistics/1421728/india-reasons-for-not-purchasing-life-insurance/ (last visited July 29, 2026)
Reasons for not purchasing life insurance in India as of March 2023 [Graph], Policybazaar, July 5, 2023. [Online]. Available: /statistics/1421728/india-reasons-for-not-purchasing-life-insurance/
