Shocked by Covid deaths, young Indians rush for life insurance

During devastating second wave in April and May, the numbers of people aged between 25 and 35 buying term insurance was 30% higher than in previous 3 months combined, said PolicyBazaar

Like many other twenty-somethings in India, Beverly Coutinho kept postponing buying a life insurance policy, until a surge in COVID-19 cases and deaths made her confront her own mortality.

"I saw people my own age dying, which prompted me to get life insurance immediately," says Coutinho, a 24-year-old senior executive at a public relations agency in Mumbai.

"I wouldn't want my family to be in situation where they have to scramble for funds if something happens to me." The official count puts the number of deaths due to COVID-19 at 380,000, the third highest after the United States and Brazil, though experts