Monday, October 25, 2010

India: Wedding insurance becoming more popular

Something unique..if Insurers in Malaysia can follow their India counterparts in providing such insurance.

Quote:
Wedding insurance is rapidly becoming the norm in India where spending on big fat weddings countrywide can total Rs700 billion (US$15.8 billion) a year according to some estimates, reports The Economic Times.

Since marriage is usually a one-time event, major insurance companies are offering the cover as an event insurance product, which can be customised to suit the needs of a wedding.


Asia Insurance Review 22/10/2010

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