A recent survey by Canara HSBC Life Insurance reveals that 70% of Indians prioritize family financial security over immediate desires like homeownership or vacations, often at the expense of other financial goals. While 83% recognize the importance of term insurance, only 11% review their coverage annually, leaving many unsure if their policies will cover unexpected expenses. Additionally, 64% of respondents regret not starting their term insurance journey sooner, highlighting a significant gap in financial planning. Retirement planning is also concerning, with 66% starting in their 30s but 74% wishing they had begun earlier; only 27% feel prepared for retirement. When it comes to securing children's futures, only 18% of parents feel fully ready. These findings underscore the need for timely financial decisions and comprehensive insurance strategies to meet both current and future needs.