GIC Re moots ‘Parametric Insurance’ to cover natural calamities

This insurance cover, which will be offered by general insurers as and when it is formalised, will ensure immediate pay outs to citizens on occurrence of a natural catastrophe endemic to their region

GIC Re moots ‘Parametric Insurance’ to cover natural calamities
This insurance cover, which will be offered by general insurers as and when it is formalised, will ensure immediate pay outs to citizens on occurrence of a natural catastrophe endemic to their region

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