New Delhi, March 24 -- Women play multiple roles in society, from professionals and entrepreneurs to homemakers and caregivers. Despite growing financial independence, life insurance policy ownership among women in India remains low. Less than 35% of all life insurance policies are sold to women, and life insurance policy penetration in India is just 2.8% of GDP.

Relying solely on savings and investments is not enough to secure a family's financial future. A term insurance policy is a crucial financial tool that provides high coverage at low premiums, ensuring that women and their families remain financially stable in case of unforeseen events.

A term insurance policy is a type of life insurance that provides financial protection for a ...