BUSINESS STANDARD
Policybazaar.com, an online insurance marketplace, has unveiled the 2nd edition of its report, "How India Buys Insurance 2.0,", which uncovers several key insights, including the fact that Indians continue to severely underestimate healthcare costs—nearly 48% of policyholders opt for coverage of Rs 5 lakh or less. At the same time, 47.6% of Indians remain unaware of term insurance and its benefits.
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