insurance sector which has a significant contribution in the country’s GDP and economic development. This paper is an attempt to … study the effect of COVID-19 pandemic and its overall effect on the business of Indian life insurance sector. The study is … has been collected from various newspaper articles, online blogs, website and annual reports of life insurance companies …

, they are frequently seen as uneconomical products, which is caused mainly by the fact that insurance policies compensations … of such insurance types, carry out an accurate valuation of the unit-linked insurance portfolio, as well as to … investigate financial surplus in relation to a traditional insurance with guaranteed sum. …

subject of insurance companies is to provide insurance protection based on commercial principles. All changes in the society … are directly reflected in the insurance activity. New risks appear and therefore new insurance products appear as well …. Insurance activities are divided into non-life insurance, life insurance, and in recent years increase also a share of life unit …

provided more efficiently through other forms of social or private insurance. In theory, a negligence rule creates incentives … for efficient care, hence there should be no negligence, no claims and no demand for liability insurance. In practice, the … information and extensive health insurance lead to biased and uncertain legal standards. Uncertain legal standards create …