neerajchauhan
Neeraj K Chauhan
Industry to give more focus to generate the required level of awareness about the benefits of insurance to rural people. Insurance industry should make all efforts to take the necessary steps to ensure the reach of insurance to general masses.
I think still many insurance companies don't have the products that cater these Rural market and hence unable to cater here. As for meeting their rural and social obligation, the insurance companies these days are increasingly tapping the semi-urban and rural areas to spread the message of protection of life and property through insurance cover, but that is not enough, look at LIC & also the Government of India lately have introduced many special products aimed at the rural markets like Jan Shree Bima Yojana, Universal Health Insurance Scheme, "Aam Admi Bima Yojana", Crop Insurance, etc. for the benefit of poor and needy populace in the country.
I think even others also should follow this and introduce such products to tap the market and also provide financial cover to the general masses.
:SugarwareZ-216:
I think still many insurance companies don't have the products that cater these Rural market and hence unable to cater here. As for meeting their rural and social obligation, the insurance companies these days are increasingly tapping the semi-urban and rural areas to spread the message of protection of life and property through insurance cover, but that is not enough, look at LIC & also the Government of India lately have introduced many special products aimed at the rural markets like Jan Shree Bima Yojana, Universal Health Insurance Scheme, "Aam Admi Bima Yojana", Crop Insurance, etc. for the benefit of poor and needy populace in the country.
I think even others also should follow this and introduce such products to tap the market and also provide financial cover to the general masses.
:SugarwareZ-216: