Gen Z is investing like a pro, but insuring like a rookie: Report
India's Gen Z excels at investing via SIPs and mutual funds, yet many remain uninsured, relying on parents' policies. Despite digital access to financial info, a significant gap exists between research and purchasing insurance. A health emergency could destabilize nearly two-thirds of young investors. Experts point to a lack of urgency and a confidence crisis, not a knowledge gap, hindering personal insurance adoption.
India's Gen Z excels at investing via SIPs and mutual funds, yet many remain uninsured, relying on parents' policies. Despite digital access to financial info, a significant gap exists between research and purchasing insurance. A health emergency could destabilize nearly two-thirds of young investors. Experts point to a lack of urgency and a confidence crisis, not a knowledge gap, hindering personal insurance adoption. What's Your Reaction?
