New Delhi, March 18 -- A woman's financial journey is much like building a bridge over a river. She carefully lays each plank-education, career, savings, and investments-creating a strong path toward her goals. But what happens if an unexpected storm washes away a section of that bridge? Life insurance acts as the invisible support beneath, ensuring that even if life takes an unforeseen turn; the bridge remains intact for those who depend on her.

Yet, a significant portion of women in India, across both the working and non-working categories, are still without insurance cover. According to a recent report by Max Life and Kantar, 79% and 35% of working women have purchased life insurance and term insurance, respectively. In contrast, just...