New Delhi, Dec. 1 -- A jarring data shared by stock broking platform Zerodha on social media platform X shows that 30% of term life insurance applications filed by Indians get rejected - meaning a large number of people are being denied term insurance right at the start, before they ever become policyholders.

While many people usually fear the rejection of their insurance claims, this analysis shows that many people cannot even get the policy in the first place - as almost one in three applications are rejected during underwriting, which is the insurer's evaluation stage.

The post, which takes information from Ditto, highlighted the major rejections for term insurance applications, which include factors like medical conditions, financia...