Women Prioritise Children’s Financial Future; Term Insurance Seen as Key Tool

A recent survey has revealed that a growing number of women in India are prioritising their children’s financial security, with term insurance emerging as a preferred instrument to ensure long-term protection. The findings show that women, especially in urban and semi-urban areas, are increasingly aware of the need to safeguard their family’s future in case of unforeseen events.

The survey highlights that many women now actively participate in financial planning and seek affordable, high-coverage insurance products. Term insurance stands out for offering substantial life cover at relatively low premiums, making it ideal for mothers aiming to secure their child’s education, lifestyle, and future aspirations.

Respondents also noted the importance of factors such as claim settlement ratio, insurer reputation, and ease of purchase when choosing a policy.

This shift underscores a growing sense of financial empowerment and responsibility among women, as they take a lead role in building resilient, future-ready households.