85% Indians want more insurance to protect lifestyles

Amid rising disposable income levels and better health, education and housing conditions, as much as 85 per cent of middle income earners in India feel a greater need for additional insurance to protect their lifestyles, according to a survey. According to the ING Investor Dashboard Survey for the second quarter of 2011, more than 75 per cent of respondents that believe they have less coverage than they require want to purchase an additional insurance policy in the coming 12 months. The survey reveals that within the Asia-Pacific region, Indians feel that there is a greater need to protect their lifestyle and intend to purchase additional insurance policies in the next one year.

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