The COVID-19 pandemic highlighted the need for consumers to invest in products that increase their financial security, one of them being life insurance. In a report tracking the performance of the life insurance industry in the past five years and outlining emerging trends in the domain, Benori Knowledge, a new-age provider of custom research and analytics solutions, finds that the life insurance penetration rate in India has grown to 3.2% in December 2021 from 2.8% in December 2019
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