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Life Insurance Council to spend ₹160 cr yearly on awareness drive
The three-year campaign aims to bridge the protection gap and improve life insurance penetration, which fell to 2.8 per cent in FY24 despite industry premium growth
When buying cancer cover, look for a policy that pays even at early stage
Make sure that the payout is not restricted to detection at stage III or IV
Those with a family history of cancer should buy a standalone cover
These disease-specific covers offer higher sum assured, and also make stage-based payouts, which comes in handy
