Life insurance awareness improves, but cover adequacy remains a concern: Experts
Term insurance adoption in India is accelerating, with the number of policies growing at a 15–20% CAGR, while the average sum assured has increased from around ₹1 crore to nearly ₹2 crore over the past three years, according to Amit Chhabra, Chief Business Officer at Policybazaar, and Satishwar B, Bandhan Life Insurance. New buyer groups…
