‘No need for insurance companies to be defensive about returns’

Vishakha RM, MD and CEO, India First Life Insurance Co, a passionate spokesperson for her industry, was eloquent and combative when asked about the perception that insurance companies offered lesser returns compared to other products in the market. She contested it point by point and argued that a guaranteed return provided by insurance companies through their traditional products, even if it was lower, was not something to be scorned at, given the commitment for the long term as well as the cost of protection. This CEO was clearly not on the defensive even as she strove to clear the air on the many misconceptions that float around insurance products. Excerpts:

Click here to read more>>