{
  "id": 13824281,
  "title": "‘Only 48% of life policies are renewed for over 5 years’",
  "url": "https://urgent.news/2026/10/11/only-48-of-life-policies-are-renewed-for-over-5-years",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-11T23:24:16.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/only-48-of-life-policies-are-renewed-for-over-5-years/articleshow/134879771.cms"
  },
  "original_language": "en",
  "account": "IRDAI is implementing stricter measures to combat mis-selling in the insurance sector, aiming to increase the renewal rate of life policies to over five years. The reforms, proposed by IRDAI chairman Ajay Seth, aim to improve coverage, affordability, accessibility, and transparency while eliminating regulatory loopholes and incentivizing ethical conduct. Despite concerns about potential slowdown in business and livelihoods, the reforms are designed to create a more efficient and competitive insurance market, benefiting both insurers and policyholders.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}