- National Insurance Awareness Day is observed on June 28, on annual basis. The day seeks to make people aware of several benefits of investing in an insurance policy or plan or policy.
- Insurance policies provides financial cover in case of unfortunate happenings like accident or losses in business, injury, among others, if one pays their premium regularly.
- Home, Health, and life insurance are the most sought-after schemes.
- People investing in these can recover losses and protect their loved ones in case of sudden death or illness.
- The insurance sector has grown enough over time and is having a significant impact on India’s economic growth.
- People have become more aware about health policies, since the start of coronavirus pandemic.
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