Bite-sized or sachet insurance products are gaining ground in India these days. They are generating a fair amount of interest amongst investors and consumers alike. Globally, the Indian insurance market is ranked 17th in terms of penetration.
Insurance penetration in the country reached 3.69% in 2017 (from 2.71% in 2001) but it is still lower than the global average of 6%.
Will these smaller sized products pave the way for greater insurance penetration across geographies in India? Is this the best way forward? Our experts debate this and more in today's edition DH Sparks.
Watch the webinar live here:
Speakers:
1. Sameer Bansal, Chief Distribution Officer, PNB MetLife
2. Gokuldas Pai, Chief Business Officer, Karnataka Bank
3. Anuradha Ghorpade, Financial Advisor, PNB MetLife, Karnataka
The session will be moderated by Mrin Agarwal, Founder, Finsafe India Private Limited.