Why Millions Of Indians Still Lack Insurance? | India Today Financial Summit 2026
Insurance remains a critical pillar of financial security, yet penetration levels in India continue to lag behind many global benchmarks. In this fireside chat, Ratnakar
Insurance remains a critical pillar of financial security, yet penetration levels in India continue to lag behind many global benchmarks. In this fireside chat, Ratnakar Patnaik, Managing Director of the Life Insurance Corporation of India (LIC), discusses strategies to expand insurance coverage, improve financial awareness and bridge the protection gap across urban and rural India.
The conversation explores the role of innovation, distribution networks, digital adoption and policy initiatives in making insurance more accessible and inclusive. Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button!
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