Tag: Insurance
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Protecting Families: CA Advocises for Insurance Coverage under the MWP Act
A detailed post by CA Nitin Kaushik on X (formerly Twitter) has reignited public conversation around a little-known but powerful legal shield that can prevent families from losing their insurance payout to lenders. In his post, Kaushik warns that many Indian households falsely assume that buying life insurance automatically secures their family’s future. In reality, he writes, few policyholders realise…
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Gender Disparities in Life Insurance Adoption in India: New Data Insights
Aditya Birla Sun Life Insurance (ABSLI) has reported a persistent gender gap in life insurance coverage, even as more women take charge of financial decisions. As of March 31, 2025, women account for just over 28% of ABSLI’s total policyholders, while men make up 71%, stressing a significant protection shortfall. According to the insurer, 91%…