September 25, 2026
Business

India must rethink distribution to achieve insurance for all by 2047: IRDAI’s Deepak Sood(Soban News)

India’s insurance penetration rate of 3.7% is significantly lower than the global average of 7%, according to the Economic Survey 2024-25. There is a “notable gap” in the country’s insurance coverage, said the survey.

​India’s insurance penetration rate of 3.7% is significantly lower than the global average of 7%, according to the Economic Survey 2024-25. There is a “notable gap” in the country’s insurance coverage, said the survey. by Soban News (international And National News)

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