COVID insurance" saw sharp rise, post COVID-19 outbreak as fear drives sales, says the report by HDFC Securities.According to the report, 1QFY21 data indicates that protection sales have improved - the sum assured/premium ratio (x) has increased to 56.3 vs.
32.4 for FY20. This ratio was even higher in May20 at 61.0.Click here to read the Mint ePaperLivemint.com is now on Telegram.
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