What is Money9: Increased demand for single premium policies, know the benefits associated with them?
In today’s market, insurance companies pay special attention to single premium policies. According to the agents associated with it, there are many benefits of this policy.
According to Kotak Institutional Equity Research, the share of a single insurance policy in the total premium income of insurers has increased to 79 per cent since July last year.
A single premium insurance policy does not require periodic premium payment.How and to what extent will you benefit from this policy?
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Money9: Life insurance companies these days are giving special emphasis on single premium policy business.