20% plus year-on-year growth in protection business very doable: Vibha Padalkar, HDFC Life
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Last Updated: Jan 25, 2021, 04:30 PM IST
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Synopsis
Given the fairly low levels of protection as well as coverage for senior citizens, the insurance company can expect to see robust growth at both ends of the spectrum.
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Either doing away with or significantly reducing the interest that people get when they lapse their policies would help because people need to be told that it is not in their interest to lapse their policies and very clearly give the message that these are long-term products, says
What has contributed to the overall improvement in the market share in the embedded value?