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)