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Working women in India lag behind their male peers in financial protection

Only 70% of the total working women in India have life insurance cover as compared to 83% of their male peers, according to a survey done by Max Life Insurance. Working women in metro cities spend 42% of their income on basic expenses as against working males who spend 38% of their earnings on basic expenses. The report noted the working women in metros are more focused on saving for kids’ education and less for their old age security. 68% women feel that insurance term plans are meant only for the primary household earning member.

Read More at The Financial Express News date : 8 Mar 2019, Friday

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