NEW DELHI : HDFC Life has announced the latest findings of its Life Freedom Index (LFI) study. Established in 2011, LFI enables the measurement of ‘financial freedom’ of consumers across four key segments: Proud Parents, Wisdom Investors, Young Aspirants, and Smart Women.
It includes four sub-indices: Financial Awareness Index, Financial Planning Index, Financial Sufficiency and Adequacy Index, and Financial Liberty Index.
According to the HDFC life press release issued on 16 August, "Life Freedom Index has been instrumental in providing deeper insights into the ever-changing financial needs of consumers across segments.