insurance is important for their financial safety and mental wellbeing, as per the findings by Policybazaar.com. The survey conducted to celebrate National Insurance Awareness Day: 2021 understands the impact of covid-19 on insurance awareness and purchase behaviour of Indians in the last 15 months.
Policybazaar surveyed over 6,000 existing customers who bought Term, Health, and Motor insurance from the platform. The survey was fielded to respondents between 18 June and 21 June.
Health Insurance Motivated by the fear of contracting covid-19 infection, 61% respondents invested in a comprehensive health plan followed by 10% respondents choosing covid-specific policies.