

The world economy is currently trying to survive the worst-hit pandemic of the era. Covid-19 has affected businesses all around the globe. Based on the nature of businesses, some are thriving, some have already hit the bottom, and some are doing fine.
The impact of Covid-19 on insurance companies does not apparently fall into the category of the ‘worst hit’. But it is significant enough to have shaken the entire sector. Majorly because the insurance industry is intertwined into people's lives closely. And everything related to their lives affects the insurance business.
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