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Insurance Information Bureau
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Situations
India life insurance coverage and growth trends
3 clusters · 9 sources · last updated
Latest: Indian life insurance industry projected to grow 11-12% by FY27
Data from the Insurance Information Bureau (IIB) indicates a shift in India’s life insurance market between FY2021 and FY2025 toward higher-value coverage. While low-value policies with a sum assured of ₹2 lakh or less s