Country Profile – India : IRDA: Increasing consumers’ education on insurance
Source: Asia Insurance Review | Jan 2010
The potential of the Indian insurance market is a known fact but penetration is still low and slow to increase. In an exclusive interview, Mr J Hari Narayan, Chairman, IRDA, tells us his belief that a significant rise in the consumer understanding of the values of insurance will help the growth of the industry enormously, hence one of its aims will be enhancing consumer education.
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