How do you see the growth of insurance coverage in India

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Accepted Answer

Insurance coverage in India is expected to grow steadily due to increasing awareness and government initiatives.

The insurance penetration rate in India is still low, leaving room for growth
The government's Ayushman Bharat scheme aims to provide health insurance to millions of low-income families
Insurance companies are expanding their reach through digital channels and partnerships with banks and other institutions
The COVID-19 pandemic has highlighted the importance of insurance, leading to increased demand for health and life insurance policies
The rise of new industries such as e-commerce and fintech is creating new opportunities for insurance companies

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