CII Financing 3.0 Summit | LIC’s M. Jagannath On Simplifying Term Insurance Purchase

At the CII Financing 3.0 Summit in Mumbai, M. Jagannath, MD of LIC, addressed the accessibility of term insurance in today's market. He emphasized that while term insurance is readily available from various insurers, including LIC, both online and offline, customers are increasingly opting for hybrid products that combine savings with term coverage. Jagannath highlighted the growing trend of group term insurance and stressed the importance of making the digital purchase process seamless.