NEW DELHI : Urban India has grown more anxious about financial security and preparedness in the last one year, and there is a significant shift towards increasing savings and investments.
Financial anxieties related to covid-19 and the ability of current earnings to cover expenses have emerged as top concerns for urban Indians.These are the key findings of the third edition of the Max Life India Protection Quotient 3.0 (IPQ 3.0) survey done by Max Life Insurance Co.
Ltd in partnership with Kantar. As per the survey, Urban India witnessed a positive movement of four points on the Protection Quotient scale from 35 (IPQ 2.0) to 39 at present.Also Read | What 2020 did to India’s inequalityIndia Protection Quotient measures the degree to which.