In FY24-25, the latest year for which numbers are available, 86 lakh individual life insurance policies lapsed. The lapses were likely concentrated in the traditional small-ticket endowment end of the market.
In FY24-25, the latest year for which numbers are available, 86 lakh individual life insurance policies lapsed. The lapses were likely concentrated in the traditional small-ticket endowment end of the market.
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