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What is Mis-selling in Life Insurance Sector about?

Indian insurance industry is growing to the large extent.There are 52 insurance companies operating in the country, including 24 in life and 28 in non-life segments. India as a country still remains ‘under-insured’in terms of insurance penetration and density. Mis-selling of life insurance is ubiquitous and it is very common in insurance sector. It is providing wrong information about product features or exaggerated returns. Mis-selling complaints are the dominate kind of grievances in the life insurance i

Author

Ramasamy Velmurugan

Language

EN