Insuring the Uninsured

Insurance awareness and penetration in India is still quite low. One of the main reasons for this is lack of awareness about insurance and its benefits. Even when awareness exists, the perceived value of buying insurance remains low due to many reasons. Among those who do buy insurance, the lapse ratios are high due to lack of awareness and mismatch between expected returns and actual benefits. Thus, there is a necessity to create awareness among the masses about it. This is a classic book that aims to do just that. It will give you an insight into the insurance industry and make you aware of the nitty-gritties of insurance. It will make you familiar with the role of every stakeholder and the government policies that play a part in Insuring the Uninsured.