Paper Contents
Abstract
This review investigates the profound effects of financial inclusion on India's insurance sector, a critical component for societal financial services access. It emphasizes the catalytic role of financial inclusion in enhancing the industry's reach and innovation, significantly impacting insurance penetration rates, product development, and technological integration. By aggregating findings from diverse studies and reports, the paper offers a holistic view of the interconnections between financial inclusion strategies and insurance sector advancements in India. The discussion encompasses the evolution of insurance offerings, the transformative role of digital solutions, and the outcomes of government and private initiatives aimed at integrating underserved populations into the insurance landscape. The synthesis presented aims to provide a detailed understanding of financial inclusion's instrumental role in reshaping the Indian insurance sector.
Copyright
Copyright © 2024 Mukesh Kumar Jain. This is an open access article distributed under the Creative Commons Attribution License.
