In a joint term insurance plan, not many insurers provide add-on covers along with a primary joint life insurance plan
With Covid second wave throwing the decades old mortality estimates under the bus, group term insurance premium rates have risen up to 400%
Will insurers come up with a higher premium or curtail the benefits for group term insurance?
In India, while a small part of the life insurance business is reinsured by GIC, a larger part is written by foreign players