lic insurance, LIC’s difficulty will increase! Mukesh Ambani is going to create panic in the insurance sector, know what is the big planning – big challenge for lic, mukesh ambani jio financial services enter in insurance sector
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Jio’s entry in health sector
Mukesh Ambani is preparing to enter the insurance sector. Jio’s entry is going to happen in the life and health insurance sector. Mukesh Ambani is all set to enter the health insurance sector with the help of Jio Financial Services. According to the report of ET Now, the company has also started recruitment for this. Preparations have been made to contact IRDA for license.
LIC will be challenged
In its report, ET Now has quoted sources as saying that the company will enter the Jio Life and Non-Life Insurance business. It is believed that the curtain will be removed in Reliance’s AGM. Jio’s focus will be on Tier II and Tier III cities. It is believed that Jio can enter this sector with the Insurance Amendment Act of the Central Government. This move of Reliance can give a tough challenge to Life Insurance Corporation (LIC). Jio offers attractive offers to increase its dominance in any sector. When Jio entered the telecom sector, we all saw how it dominated the sector with free data and calling offers. With the entry of Reliance in the insurance sector, big insurance companies like LIC can also be forced to change their strategy. Due to this preparation of Jio, the tension of all the insurance companies including LIC has increased.
big network near reliance
Reliance is a big company. It has a large network of users data base. This data base can prove to be its big strength in increasing dominance in the insurance sector. Jio will not even have to face much difficulty in selling its insurance policies. It will be easy for Jio to connect these users to its platform.
Everyone kept doing Adani-Adani and Mukesh Ambani’s wealth was looted there, lost ₹ 4,95,28,20,00,000 and slipped in the list of rich
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