47 million Indians just lost their life insurance coverage. But not one of the country’s biggest insurers seem bothered.

In this episode, we look at the silent collapse of credit-linked life insurance—policies that were once bundled with microloans and quietly protected millions of low-income borrowers. But now, that model is breaking down.

Blame mounting defaults, shaky microfinance lending, and a post-pandemic spike in death claims. As lenders pull back and insurers retreat, entire communities are being pushed out of the safety net—with barely a ripple in the headlines.

Why the regulator won’t step in and what persistent high mortality means for the future of group insurance?

Tune in.

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