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Deterrents to online purchase of life insurance products in India as of March 2023

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Source

Release date

July 2023

Region

India

Survey time period

February 2023 to March 2023

Number of respondents

855 respondents

Age group

23 years and older

Method of interview

Face-to-face interview

Citation formats

Deterrents to online purchase of life insurance products in India 2023

Published by Jenny Yang, Dec 1, 2023

In a 2023 survey conducted in India, it was found that ** percent of the respondents were not inclined to purchase life insurance products online because offline agents were able to offer lower premiums. Additionally, ** percent of the participants felt that the support provided for claims was superior offline, and the online forms were confusing.

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Statistics on " Life insurance in India "

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Other statistics that may interest you Life insurance in India

Overview

5

Key indicators

6

Market players

5

Claims and complaints

4

Consumer behaviour

6

Inclusivity and emerging trends

5

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Topics

Life insurance industry in IndiaLife insurance worldwideInsurance industry in IndiaGlobal insurance industry
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