Life insurance penetration in India is about 3% of the GDP and non-life is at just about 1%. As a nation, we are highly underinsured and one of the key reasons for this is the fact that most Indians just don’t like insurance. It may sound like a bold statement to make but think about it! How often have you ignored the thought of buying insurance or consulting an expert to understand how insurance works? When was the last time you avoided buying insurance because you thought – “Arey, nothing will go wrong. I am so fit. I’ll be absolutely fine.”

On this episode, we delve upon a rather sensitive topic. Disha Sanghvi chats with Shweta Jain, Certified Financial Planner, and Founder & CEO of Investography, to try and understand why Indians don’t look at insurance as an important financial product. Listen in!