India, May 8 -- Nearly 50% of Indians still do not have a life insurance policy. That's not just a number-it shows how unprepared many families are for emergencies. While more people are slowly learning about the benefits of a term insurance policy, there is still a big gap in understanding and action. This post explains why so many people do not prefer to buy life insurance and what it means for them and their families.

Life insurance is a simple financial tool. If something happens to the person who has the policy, the family gets a fixed amount of money. This helps them pay for things like school fees, house rent, or daily expenses. The goal is to make sure the family can live without financial trouble, even when their loved one is no...