RBI Report: Life Insurance Surrenders Are Out of Control

So, the RBI just dropped a bombshell in their latest report: life insurance policy surrenders are soaring to a jaw-dropping 38.3% of all pay-outs in FY26! Like, people are ditching their policies faster than they ditch bad Netflix shows. Meanwhile, general insurance complaints are blowing up, tripling to 1.78 lakh. It’s a total circus out there, folks!