NOT TOO LONG ago, life insurers were grappling with high claim ratios amid rising Covid-19 fatalities. Not only the older population, but even young people were severely affected during the pandemic, throwing decades-old mortality estimates of life insurers under the bus. This had led to a sharp rise in the premium rates of term insurance plans.
However, now that life is returning to a semblance of normality post-Covid-19, claims ratios of life insurers have also started stabilising. Does this mean that term insurance premium rates will be stable in 2023?
Diese Geschichte stammt aus der March 19, 2023-Ausgabe von Business Today India.
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Diese Geschichte stammt aus der March 19, 2023-Ausgabe von Business Today India.
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