SBI Life Survey to Find Consumers’ Financial Immunity in Corona Epidemic

SBI Life conducted a survey to find out the financial viability or ‘financial immunity’ of consumers in the wake of the Corona epidemic. The results of that survey came to light recently.

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New Delhi: SBI Life Latest News: SBI Life conducted a survey to find out the financial viability or ‘financial immunity’ of consumers in the wake of the Corona epidemic. The results of that survey came to light recently.

SBI Life Insurance, one of the leading life insurance companies in the country, has conducted a detailed customer survey. This survey will provide you with an in-depth look at what consumers think about financial immunity in the post-Covidot world. SBI Life asked The Nielsen Company to conduct a survey on ‘Understanding Consumer Attitudes Towards Financial Immunity’. The Nielsen has spoken to more than 2,400 customers in 13 major Indian cities.

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Naturally, in the outbreak of Kovid-19, everyone is thinking more about maintaining the physical immunity. Almost all respondents said they were putting more emphasis on physical immunity than ever before. Only 7 out of 10 Indians know that stress reduces their ability to resist both physical and mental illnesses.

To get a deeper understanding of the issue of stress, this survey asked consumers what their biggest financial worries are. The top three reasons are:

(1) financial protection for complex illnesses, (2) family members contracting a life-threatening illness or covid-19, and (3) loss of employment From these factors, the pressure to manage the cost of life-threatening illness comes to the fore. Worryingly, more than 50 per cent of Indians are not ready to meet the financial need created by a life-threatening illness.

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Hopefully, as a result of this epidemic, many have realized the need to make appropriate arrangements. Eight out of 10 people who are not insured for complex diseases have clearly said that they will buy such a policy in the next three months. Another promising finding from this survey is that the purpose of getting life insurance and health insurance for 8 out of 10 customers is very clear – to secure the future of the family.

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