<h1>Insurance Study Exposes Financial Vulnerability of LGBTQIA+ Community with Low Protection Quotient and Limited Coverage Options</h1> A study by Axis Max Life Insurance reveals significant financial protection gaps for the LGBTQIA+ community in India. The community's Protection Quotient score is 35, compared to the urban digital average of 56. Key findings include lower term insurance ownership (66% vs. 82%), reduced financial security, and growing concerns about medical expenses and breadwinner loss. The research highlights the need for more inclusive financial education and insurance products tailored to diverse identity segments.