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Insurance penetration at 3.7%: Where India’s biggest protection gap lies

Source: Business Today

India’s insurance sector has expanded alongside financial inclusion, but coverage remains well below global levels, particularly in non-life insurance. McKinsey’s latest report highlights the sizeable protection gap and the need to broaden insurance access across households and businesses.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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