India's Underinsurance: Learning from Global Term Insurance Adoption

Term insurance is like a safety net for families if the person who earns money dies.

Countries like Singapore, South Korea, and Japan are good at using term insurance, so their families are more financially safe when something bad happens.

India, however, doesn't use term insurance much, which means families can struggle if they lose their main earner.

Getting more people in India to use term insurance could help families and the country become more financially secure.