Summary
Insurers arent blind to consumer concerns. In response, many are launching products that offer increased value over time. One example is cumulative bonuses: a 10 lakh plan with a 7x bonus can grow to 70 lakh in five years, reducing the cost per 1 lakh of coverage from 2,700 to 524.
Source: Fortune India
Exclusive AI-Powered News Insights (For Members only)
Disclaimer:This content is AI-generated from various trusted sources and is intended for informational purposes only. While we strive for accuracy, we encourage you to verify details independently. Use the contact button to share feedback on any inaccuracies—your input helps us improve!