NRI term insurance demand doubles in 2 years; West Asia tensions drive 35% MoM spike: Policybazaar
Demand for term insurance among non-resident Indians (NRIs) purchasing policies from India has doubled over the past two years, with younger buyers driving much of the growth, according to data from Policybazaar.com. The platform reported a 35% month-on-month (MoM) rise in term insurance purchases following recent geopolitical tensions in West Asia, highlighting increased focus on…
