The uncertainties created by the COVID-19 pandemic and the initiatives taken by the Insurance Regulatory and Development Authority of India (IRDAI) are prompting more and more people to obtain insurance cover and provide financial backup to their families in these uncertain times.source https://economictimes.indiatimes.com/industry/banking/finance/insure/about-50-term-policy-buyers-opt-cover-of-rs-1-crore-or-more-during-april-august-policybazaar/articleshow/78344571.cms
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