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The Government of India owns the Life Insurance Corporations of India (LIC), which is an insurance and investment business. The Life Insurance Corporation of India (LIC) was established on September 1, 1956, when the Parliament passed the Life Insurance of India Act, which nationalised the Indian insurance business. The state-owned
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Insurance industry in India is not a recent development. It has its route extended even in the writings of Kautilya, Manu, Yagnavalkya etc. Insurance is in fact a very reasonable move to diminish the risk of loss by transferring it from one unit to another in exchange for payment. Various
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The insurance industry in India is a pool of insurance companies hedging insurance seekers against risk through the means of insurance contracts. The contract is an agreement between the insurer and the insured in which the payment of the former guarantee for an uncertain event against a premium paid by
insurance
Many small businesses and startups feel intimidated by the responsibility of providing the best health insurance [https://startuptalky.com/insurance-industry-in-india/] for their employees. The fees are high and startups with limited capital investment sometimes opt to avoid insurance coverage. But entrepreneurs are more at risk than ordinary employees because many