IndiaInsurance
7th September 2018, 12:21 PM
Sources in LIC say that the dropout ratio is higher among low-value policies, however when it comes to premium, there are only 76% renewals in the second year.
More... (https://economictimes.indiatimes.com/wealth/insure/nearly-25-premium-from-new-life-policies-goes-waste/articleshow/65715987.cms)
More... (https://economictimes.indiatimes.com/wealth/insure/nearly-25-premium-from-new-life-policies-goes-waste/articleshow/65715987.cms)