PROVISIONS FOR INFLATION IN INSURANCE CONTRACTS: HOW TO STAY ADEQUATELY COVERED
Provisions for Inflation in Insurance Contracts in India: How to Stay Adequately Covered Introduction Inflation is a significant economic factor that affects the purchasing power of money over time. In the context of insurance, inflation can erode the value of coverage, leaving policyholders underinsured. To address this issue, insurance contracts in India often include provisions […]
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