LIFE INSURANCE POLICIES

Individual Single Policies

709312

In (cr.)

Individual Non Single Policies

12551738

In (cr.)

Group Single Policies

770

In (cr.)

Group Non Single Policies

4165

In (cr.)

(Data Upto November)

The graph shows the number of policies sold by all life insurance companies in a specific year. The data can be adjusted to find the monthly sale of policies of a single life insurer.

Life Insurance Policies Sold In 2020-2021

(Data Upto November)

Company Year Policies
Aditya Birla Sun Life 2020-2021 154238
Aegon Life 2020-2021 11302
Aviva Life 2020-2021 12833
Bajaj Allianz Life 2020-2021 250500
Bharti Axa Life 2020-2021 64651
Canara HSBC OBC Life 2020-2021 99336
Edelweiss Tokio Life 2020-2021 45226
Exide Life 2020-2021 86271
Future Generali Life 2020-2021 29401
HDFC Life 2020-2021 592360
ICICI Prudential Life 2020-2021 379520
IDBI Federal Life 2020-2021 22211
India First Life 2020-2021 106979
Kotak Mahindra Life 2020-2021 180294
Max Life 2020-2021 367673
PNB Met Life 2020-2021 139922
Pramerica Life 2020-2021 17836
Reliance Nippon Life 2020-2021 112635
Sahara Life 2020-2021 0
SBI Life 2020-2021 884372
Shriram Life 2020-2021 145514
Star Union Dai-ichi Life 2020-2021 49931
Tata AIA Life 2020-2021 261319
LIC of India 2020-2021 9269392

Last updated on 05-01-2021

The data shows the number of policies sold by all life insurers in 2018-2020. It gives a clear idea of which life insurance company is leading the race of insuring the people. Apart from the premium number of policies also serve as an important metric to check the growth of the insurance industry both on a country and state level. Polices give us a number about how many people have been insured by the insurer in that area. Data from different insurer helps in the comparison between insurers who are leading in insuring people and who is lagging.