What is the scope of Insurance industry in India and abroad?

0 67 Views | Posted 3 months ago
Asked by mm hhhh

  • 1 Answer

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    Answered by

    Akansha Bisht | Contributor-Level 10

    3 months ago

    The Insurance Industry expands by 15 to 20% annually. Due to its vast dimension, banking and Insurance offer vast opportunities for a professional to get a handsome paying job and job security. This is an ever-growing industry that presents lucrative career opportunities. It contributes about seven per cent to the country's economy as of now, which could increase immensely shortly as 80% of the population doesn't have any life insurance policy.
    This indicates that there is scope and demand for expansion. And thus it will create an enormous amount of jobs. Individuals graduating in insurance can work in banking sector

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