Hyderabad: Despite Hyderabad’s term insurance awareness of 79 per cent, the city has witnessed the lowest term insurance adoption. Even amidst the pandemic, only 41 per cent or 2 in 5 persons in Hyderabad owned term insurance. This was surpassed by Bengaluru with 59 per cent term insurance ownership, Mumbai with 50 per cent, Chennai […]
In the past few months, many life insurance companies increased the proportion of non-participating saving products with guaranteed returns as an alternative to the falling bank fixed deposit rates
