Indian Insurance industry

Indian Insurance Industry Grows to Rs. 59 Lakh Crore

Finance and Economy, Insurance, News and Updates / By My Finopedia / May 2, 2023 May 2, 2023

The Indian insurance industry has grown significantly over the years, and according to the insurance regulatory development authority of India it is now worth Rs. 59 lakh crore. The industry consists of several public and private insurance companies offering a wide range of ancient insurance policies such as life insurance, health insurance, motor insurance, travel …

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Disadvantages of Investing in Insurance

Insurance / By My Finopedia / February 22, 2023 February 22, 2023

The Drawbacks of Investing in Insurance: Understanding the Risks Investing in insurance can be an attractive option for many individuals looking to secure their financial future. Insurance products can offer protection against unforeseen risks and uncertainties, while also providing a means to accumulate wealth over the long term. However, like any investment, insurance also has …

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