AIR+04 Jul 2023

India:National Insurance Awareness Day

| 04 Jul 2023

India's National Insurance Awareness Day observed on 28 June annually highlights the importance of insurance in an Indian's life. Indian insurance industry, despite having made progress in improving insurance penetration in the country, has still got a lot of ground to be covered. There is still much untapped potential. Current insurance penetration in the country is 4.2%, much below the global benchmarks.

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