According to Sanket Kawatkar, head of life insurance at actuarial consulting firm Milliman, there is an improvement of around 10% in the new mortality table, which is prepared by the Institutes of Actuaries of India. Insurance companies base their pricing on these mortality tables, which give the life expectancy starting from infancy for every year.
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Wednesday 28 November 2018
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Health cover may get dearer, life insurance cheaper
Health cover may get dearer, life insurance cheaper
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