"This is a penny drop movement for life insurance especially for term products. We always compare how Chinese insurers have over 15% share of term protection while for India on a weighted premium basis it is in single digits. This could change with the pandemic and we are definitely feeling a pull."source https://economictimes.indiatimes.com/industry/banking/finance/insure/covid-could-be-penny-drop-moment-for-insurance-companies-vibha-padalkar-ceo-hdfc-life/articleshow/78180403.cms
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