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Survey Reveals 79% of Indian Policyholders Unsure About Insurance Coverage
The Statesman Bhubaneswar
|June 26, 2025
A recent nationwide survey has revealed a sharp disconnect between insurance ownership and policy awareness among Indian policyholders, raising fresh concerns about underinsurance and financial vulnerability.
Conducted by consumer-focused InsurTech firm CoverSure, the survey covered 5,000 respondents across the metro, Tier 2, and Tier 3 cities. It found that 79% of policyholders are unsure whether their existing insurance offers adequate coverage.
The findings show that 71% of respondents own between two to five active insurance policies, with life insurance (63%) being the most commonly held, followed by health (24%) and motor insurance (13%).
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