According to a survey released by Max Life Insurance and Kantar, Bengaluru has topped the charts as the most financially protected city in India.
The survey, titled ‘The India Protection Quotient 4.0’, had 5,729 respondents from 25 cities in India.
Bengaluru had a protection quotient of 56 per cent, the same as Delhi.
Compared to other metropolitan and Tier-1 cities, Bengaluru has the highest percentage of life insurance ownership, at 91 per cent.
However, the city ranked lowest in terms of financial security, with 53 per cent
source/content: thehindu.com