https://www.taxtmi.com/news?id=71284 High distribution and administrative expenses sustain a low-penetration, high-cost insurance model; insurers must reduce customer acquisition costs and expenses of management, reassess product and channel value, and adopt digital distribution and customer-centric design to improve affordability and margins. The regulator expanded the Use and File procedure to enable quicker product launches within regulatory norms. Mis-selling undermines trust and must be prevented by correct sales practices. Universal, meaningful coverage by 2047 is framed as the penetration objective, founded on affordability, accessibility and awareness. en-us Wed, 25 Feb 2026 21:16:03 +0530 Wed, 25 Feb 2026 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71284 High distribution and administrative expenses sustain a low-penetration, high-cost insurance model; insurers must reduce customer acquisition costs and expenses of management, reassess product and channel value, and adopt digital distribution and customer-centric design to improve affordability and margins. The regulator expanded the Use and File procedure to enable quicker product launches within regulatory norms. Mis-selling undermines trust and must be prevented by correct sales practices. Universal, meaningful coverage by 2047 is framed as the penetration objective, founded on affordability, accessibility and awareness. News - Wed, 25 Feb 2026 21:16:03 +0530 https://www.taxtmi.com/news?id=71284