News From Press Demand for term cover surged in tier 2, 3 cities in lockdown 2.0: Report

Demand for term cover surged in tier 2, 3 cities in lockdown 2.0: Report

Nagpur, Kanpur, Coimbatore, and Raipur are a few cities that added potential numbers to the sales. Male members of the middle-class group have emerged as a new category of buyers

Source: Mint Jun 24, 2021

Demand for term insurance plans increased significantly across the country during the second wave of covid-19, as per findings by PolicyX.com.

The portal registered around 20% growth in term sales during the lockdown in April and May 2021 compared with the year ago period.

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