Abstract:
In 2015 Government of India took a major initiative to uplift the Indian Insurance Industry by making many changes in the rules and regulations for insurers and also providing infrastructure for the same.
Right from bringing the alteration in the Insurance Law i.e. “Insurance Law (amendment) act 2015” to change foreign investment policies in the insurance sector. The Indian government was pushing insurance to boost the economy of the country and making citizens more aware about the importance of insurance.
