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ABOUT THE BOOK

Insuring Lives: A Comprehensive Analysis of Life Insurance in India offers an in-depth exploration of one of the most essential pillars of financial planning-life insurance. Tracing its journey from ancient origins to its current role as a vital instrument of financial security, the book provides a nuanced understanding of the evolution, structure, and significance of life insurance in India's dynamic socio- economic landscape. The book examines the development of life insurance in India, highlighting the types of policies, emerging trends, technological transformations, and changing consumer behaviours that continue to shape the sector. It critically analyses government schemes aimed at enhancing insurance accessibility and evaluates the effectiveness of grievance redressal mechanisms in protecting policyholders' rights. Further, the legislative and regulatory frameworks governing the industry are dissected to understand how laws and policies influence insurance practices and consumer protection. Concluding with a thoughtful assessment of the opportunities and challenges faced by the sector, this work serves as a valuable resource for policymakers, academics, professionals, and readers seeking to understand the complex dynamics of life insurance in one of the world's fastest-growing economies.