Various life insurance companies across the industry are looking at raising the term life insurance prices, according to sources. This could be in the quantum of 7-10 percent. This is happening because reinsurance companies are also looking at a price hike in the quantum of 10-15 percent.
Watch the accompanying video of CNBC-TV18’s Yash Jain for exclusive details.
(Edited by : Ajay Vaishnav)
First Published: Feb 24, 2021 12:36 PM IST