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Term Insurance Premiums Set to Stabilize After Surge
Business Today India
|March 19, 2023
Following the jump in premiums of term insurance plans, rates are expected to moderate in the times ahead

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?
Bu hikaye Business Today India dergisinin March 19, 2023 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
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