Insurance will be done with foreign enterprises

Utility will be able to edit the assurance of foreign businesses for changes in insurance schemes. For this, two most important changes have been made in the rules. The limit of United Licenses and Direct Foreign Investment of Insurance Companies was 74% earlier. Now it has been increased to 100%. Unified License Composite License is also changed. Below you will be able to get all insurance from the same business. Life, general and health insurance of the same business will be able to take insurance. In today’s times, insurance parts cannot sell their products. There are only 26 general insurance companies in India. In addition, there are also 6 independent health insurance companies present. There are about 24 life insurance companies in the country that work as life insurance. There is only 1 reintegorized company in India. The government has planned to attract large foreign businesses to invest in India by allowing 100% foreign investment. It is alleged that this decision will lead to more competition for India’s large companies such as SBI, HDFC, ICICI, Tata and Birla. Some foreign companies such as Allians, who worked with Indian partner Bajaj, will now be able to enter the Indian market independently. Click here Life & Style Click for more stories Click here