International experiences of implementing Universal Basic Income
Low density of banks and weak banking networks in remote rural areas coupled with the case where welfare schemes and UBI are implemented in parallel could pose a challenge to UBI
The Economic Survey has presented Universal Basic Income as a single scheme which could replace this myriad of welfare programs with a simple unconditional cash transfer to every citizen paid at regular intervals.
Over the next 15 years, India will continue to be a young country, with a very large part of the population below the age of 30, which means that the need for life insurance, i.e. the need for life...
The whole cycle of getting quotes to policy acquisition to policy servicing to proactive claims identification, assistance and processing will have to take the digital route to improve customer experience
Digital technologies, niche and emerging, have changed the way consumers engage with their insurers. Undeniably, the biggest driver of embedding a digital strategy is to enrich customer experience and relationship.