Life insurers in India, including LIC, HDFC Life, and SBI Life, are strategically increasing the minimum and average policy values to enhance persistency and reduce policy lapses. This shift is driven by the understanding that higher-value policies correlate with better renewal rates and financially stable customers.
Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?
Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buying, expectations