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Insurance in India refers to the market for insurance in India which covers both the public and private sector organisations. It is listed in the Constitution of India in the Seventh Schedule as a Union List subject, meaning it can only be legislated by the Central government.The insurance sector has gone through a number of phases by allowing private companies to solicit insurance and also allowing foreign direct investment.

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  • Insurance in India refers to the market for insurance in India which covers both the public and private sector organisations. It is listed in the Constitution of India in the Seventh Schedule as a Union List subject, meaning it can only be legislated by the Central government.The insurance sector has gone through a number of phases by allowing private companies to solicit insurance and also allowing foreign direct investment.
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