LIFE INSURANCE POLICIES

Individual Single Policies

252925

In (cr.)

Individual Non Single Policies

4652790

In (cr.)

Group Single Policies

308

In (cr.)

Group Non Single Policies

1414

In (cr.)

(Data Upto July)

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 July)

Company Year Policies
Aditya Birla Sun Life 2020-2021 73716
Aegon Life 2020-2021 5360
Aviva Life 2020-2021 6332
Bajaj Allianz Life 2020-2021 125367
Bharti Axa Life 2020-2021 30145
Canara HSBC OBC Life 2020-2021 38537
Edelweiss Tokio Life 2020-2021 23942
Exide Life 2020-2021 37014
Future Generali Life 2020-2021 15121
HDFC Life 2020-2021 282862
ICICI Prudential Life 2020-2021 173801
IDBI Federal Life 2020-2021 8281
India First Life 2020-2021 38678
Kotak Mahindra Life 2020-2021 83724
Max Life 2020-2021 177683
PNB Met Life 2020-2021 61183
Pramerica Life 2020-2021 6644
Reliance Nippon Life 2020-2021 51820
Sahara Life 2020-2021 0
SBI Life 2020-2021 323584
Shriram Life 2020-2021 51309
Star Union Dai-ichi Life 2020-2021 14466
Tata AIA Life 2020-2021 129706
LIC of India 2020-2021 3154317

Last updated on 09-09-2020

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.