Insurance company Max Life’s India Protection Quotient Survey (IPQ), said for the first time, working women have surpassed men in life insurance ownership, with 79 per cent now owning life insurance plans. The survey that interviewed 4,700 people said women's ownership of life insurance products, rose from 59 per cent in the first edition of this survey six years ago to 73 per cent now. The survey highlighted that the financial protection levels amongst urban Indian women have risen from 33 to 41 points over the past 6 years. In the last year, it rose by 4 points. However, the same metric for homemakers dipped from 38 last year to 36 last year.