Insurance Sector in India – History, Types, Status, Govt Efforts

In the last few decades, the insurance industry in India has dynamically expanded. Governments from time to time have shown their commitment to providing insurance facilities to the citizens of India. The insurance market in India holds great potential to act as a booster for the Indian economy. With the rise of population and poverty in the country, there is a looming risk of uncertain financial losses. In such a situation, the insurance sector in India has a major role to play in the coming time.

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