News From Press Life Insurance in 2020: Insurers focus on protection plans

Life Insurance in 2020: Insurers focus on protection plans

Source: The Financial Express Dec 30, 2019

In a year when the economy was turbulent, the life insurance industry remained resilient, generating double digit growth of 15-16%. With several positives in the product regulations, improved persistency and claims ratio, reduction in complaints and boosting awareness with the ‘Sabse Pehle Life Insurance’ campaign—the life insurance industry had a positive 2019.

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