
Insurance brokers body raise issue of GST burden transfer by general insurers
The Hindu
IBAI urges industry dialogue on GST burden transfer, market conduct concerns, and transparency in general insurance sector.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












