In buying term cover for women, compare premiums across insurers

Data from insurance aggregator shows rates for them can be 9 to 28% lower than for men

Term insurance is a safety net for the financial stability of a family in the event of the breadwinner’s early demise. As roles and responsibilities shift, working women are increasingly playing the part of breadwinners. Even though they don’t earn, homemakers, too, bring substantial value to their households through their contributions. Yet, a striking disparity remains in the matter of insurance coverage for women, as is evident from the fact that they account for a meagre 15 per cent of term policy buyers on a platform like PolicyBazaar.

Term cover a must

Working women play a key role in their