![]() ![]() India is also a victim of this worldwide epidemic COVID-19 spread by the SARS-CoV-2 (coronavirus). World Health Organization (WHO) declared the novel coronavirus disease (COVID-19) as a global pandemic on March 11, 2020, just after the official announcement of Chinese authorities on the detection of a fresh kind of virus. The proposed method is compared with other similar machine learning methods and found to be superior. The proposed study has undertaken an asymmetrical data analysis on 24 life insurance companies of India from January 2015 to December 2020 and predicted the premium collection for the future. An evolutionary improved FLANN is developed to analyze the growth of insurance during the pandemic and observed the insignificance of this pandemic effect on consumer behavior toward life insurance. In this critical situation, the study on the consumer decision-making process is an integral part to evaluate consumer behavior. ![]() Consumers were confused in terms of financial gain and risk associated with this disease. As people come across these unpredictable situations, insurance has emerged as one of the ways to financially protect themselves and their families. Just after the official announcement of this pandemic by the World Health Organization, the entire world has locked for several months. The impact of Covid-19 drastically changed the economical, social, behavioral, and psychological aspects of human life. ![]()
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