Life insurance penetration in India reaches 3.2%, close to global averages: Benori Knowledge

Insurance penetration is expected to increase in the coming years owing to multiple factors that include changing consumer perception and realisation of financial security, the easing of IRDAI regulation regarding product approval and distribution, customization in products, balanced channel mix, and digitization efforts at the company level.

from Banking/Finance-Industry-Economic Times https://ift.tt/CXqNFtj