Why You Need to Bring Your Own Airbags Until 2017

By Hemanth | September 14, 2015

Savings on your car loan!

Here’s a bit of statistics that has air bag makers in a tizzy. There is 1 death in India every 4 minutes resulting from a road accident.

Road accidents have caused more than 1.4 lakhs fatalities in 2014 alone.

Scary numbers?

You bet.

It’s just as good there’s a heightened sense of awareness among consumers who are building life insurance and car insurance into their routine financial planning activities.

Along with increased aspirations of luxury and lifestyle spending, there is an equal emphasis these days on ensuring protection for family members, especially earning ones.

And that’s the good news.

With statistics like the above, the bad news is, protection for you while driving will take some time in coming. Air bag makers hope to have all cars fitted with air bags only by 2017 or after. Currently, less than a third of all cars manufactured come with air bags.

Until then, you need to bring your own air bags if your ride doesn’t have any.

Buckle up!

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About Hemanth G

Hemanth is Editorial Head of Content Research at BankBazaar. A published author with Westland Publishers, Hemanth is an alumnus of Indian Institute of Management Calcutta and has been a senior management professional for over a decade and a half, with deep experience in business strategy and marketing and a specialization in Advanced Finance from AIMA. Five years and a day ago, he started writing in a professional capacity, and has since penned seven books including two bestsellers. Also a consulting editor, his works include fiction novels, international anthologies and corporate biographies. Hemanth writes under the pseudonym of "Hemanth Gorur".

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