Insurance Coverage In India - 988 Mn Indians Do Not Have Life Insurance Those Who Do Are Insured For 7 8 Of What S Needed To Cover Financial Shock / Life insurance provides coverage for your life.

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It is listed in the constitution of india in the seventh schedule as a union list subject, meaning it can only be legislated by the central government only.

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A health insurance plan covers hospitalization expenses up to the sum insured.

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