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News From Press More and more Indian women are buying life insurance, suggests IRDAI study

More and more Indian women are buying life insurance, suggests IRDAI study

Source: BusinessLine Jan 12, 2019

Indian women are increasingly opting for life insurance products, competing with men in getting their lives covered.

While women make up 48 per cent of the nation’s population, they now account for 32 per cent of the number of polices purchased and first-year premium in life insurance, according to a study on the participation of women in life insurance by the Insurance Regulatory and Development Authority of India.

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