https://www.taxtmi.com/news?id=46785 The study identifies a significant protection gap for the LGBTQIA+ community in urban India, with lower Protection Quotient and Knowledge Index scores and reduced term insurance ownership compared with digitally savvy urban peers. It notes declining perceived financial security and rising concerns about medical costs, loss of a breadwinner, and budgeting, attributing these outcomes to structural and emotional barriers that limit awareness, product reach, and tailored advisory support. The report calls for identity-sensitive financial education, flexible product design, and inclusive advisory ecosystems to bridge these protection shortfalls. en-us Tue, 17 Jun 2025 11:01:03 +0530 Tue, 17 Jun 2025 11:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46785 The study identifies a significant protection gap for the LGBTQIA+ community in urban India, with lower Protection Quotient and Knowledge Index scores and reduced term insurance ownership compared with digitally savvy urban peers. It notes declining perceived financial security and rising concerns about medical costs, loss of a breadwinner, and budgeting, attributing these outcomes to structural and emotional barriers that limit awareness, product reach, and tailored advisory support. The report calls for identity-sensitive financial education, flexible product design, and inclusive advisory ecosystems to bridge these protection shortfalls. News - Tue, 17 Jun 2025 11:01:03 +0530 https://www.taxtmi.com/news?id=46785