Axis Max Life Insurance Limited (“Axis Max Life” / “Company”), formerly known as Max Life Insurance Company Limited, has unveiled the North Zone findings of the fifth edition of its flagship India Retirement Index Study (IRIS), conducted in partnership with Kantar, one of the world’s leading marketing data and analytics company. The findings indicate steady progress in North India’s retirement preparedness, led by sharp improvements in health awareness and retirement readiness, even as emotional and long-term financial adequacy concerns continue to weigh on respondents.
The study highlights progress across key dimensions of retirement preparedness in the region. North India’s Retirement Index Score has improved from 41 to 48 in the past five years, reflecting meaningful progress over the past few years and aligning with the national average. Growth has been particularly strong in health preparedness, while financial preparedness has largely remained stable.
The India Retirement Index Study evaluates urban India’s retirement preparedness across three key indices — Financial, Health, and Emotional Preparedness — measured on a scale of 0 to 100. North India’s performance underscores a region in transition, marked by rising health consciousness, marginally improving insurance adoption, and evolving retirement attitudes.
Anurag Gupta, Director and Chief Business Officer at Axis Max Life said: “The IRIS 5.0 findings for North India reflect a region that is becoming more proactive about
health and protection, with visible shifts in preventive behaviour and health insurance adoption. At the same time, emotional concerns and gaps in long-term financial adequacy highlight the need for sustained engagement and guidance to help individuals convert intent into lasting retirement security.”