Women & insurance

In 2021-22, of 2.91 crore individual policies sold, the number of policies bought by women was 1.01 crore, or around 35% of the total policies sold, having risen from 32.3% in 2019-20.

Updated: December 26, 2022 06:50 IST

The share of policies bought by women within the total number of policies bought from private insurers stood at 29%, and from the state-owned LIC, at 36%.

lic, life insurance policy, woman in LIC policy, — The share of policies bought by women within the total number of policies bought from private insurers stood at 29%, and from the state-owned LIC, at 36%.

Since the pandemic, the share of life insurance policies bought by women has been increasing. In 2021-22, of 2.91 crore individual policies sold, the number of policies bought by women was 1.01 crore, or around 35% of the total policies sold, having risen from 32.3% in 2019-20.

The share of policies bought by women within the total number of policies bought from private insurers stood at 29%, and from the state-owned LIC, at 36%. More literate states have a higher share of life insurance cover bought by women.

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