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Future of Insurance Products


Jul, 2016

Future of Insurance Products

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Two decades ago it was sacrilegious to think that an existing insurance product could ever have a use by date tag attached to it. Once introduced into the market, it was guaranteed an eternal existence. However as we progressed into the 21st century and with the opening up of the Indian market, there has been a dramatic shift in the lifespan of a product. In the very competitive and dynamic environment that prevails today, every insurance product is now threatened with a short shelf life unless it remains relevant by […]