News From Press India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report

India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report

Source: Business Standard 2 hours ago

High-net-worth individuals (HNIs) in India are increasingly opting for high-value term insurance policies. This growing preference for policies worth Rs 20 crore and beyond indicates a change in financial planning and risk management among the affluent.
Rhishabh Garg, Business Head of Term Insurance at Policybazaar, said, “The increasing demand for high-value term insurance policies highlights the importance of growing awareness among HNIs"

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