In the year 2015-16, around 32 percent of household members in India from the middle wealth group had insurances. On the other hand, around 22 percent of household members in India from the lowest wealth group had insurances during the same time period.
Share of household members with insurance in India from 2005 to 2016, by wealth group
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Other statistics that may interest you Insurance industry in India
Overview
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- Premium Statistic Life and non-life insurance penetration in selected regions globally 2020-2022
- Premium Statistic Penetration of life and non-life insurance in India FY 2002-2023
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Life insurance
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- Premium Statistic Market share of life insurance industry India FY 2017-2023, by type of insurer
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Non-life insurance
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- Premium Statistic General insurance penetration in India FY 2014-2022
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Public sector
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- Premium Statistic Largest life insurance companies globally December 2023, by market capitalization
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Private players
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- Premium Statistic Leading private insurers in India FY 2023, by gross direct premium
- Premium Statistic ICICI Lombard's gross direct insurance premium income FY 2018-2023
- Premium Statistic HDFC ERGO gross non-life insurance premiums FY 2003-2023
- Premium Statistic Bajaj Allianz's total life insurance premium value FY 2002-2023
- Premium Statistic Tata AIG's gross non-life insurance premiums FY 2002-2023
Further related statistics
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- Rate of return on life insurers' invested assets in the U.S. 2000-2018
- Largest U.S. life insurance companies in 2018, by direct annuity considerations
- Purchases of life insurance in the U.S. 2018, by state
- Medicare - number of skilled nursing facilities in the U.S. 1967-2021
- U.S. number of blind or disabled recipients of SSI 1995-2022
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- Number of TV households in the UK 2013-2022
- Prepaid debit card use in U.S. households 2013-2019, by tenure
- Number of TV households in the UK 2010-2019, by platform
- U.S. life insurance: number of group policies purchased 2009-2018
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Oxfam. (June 21, 2021). Share of household members with insurance in India from 2005 to 2016, by wealth group [Graph]. In Statista. Retrieved June 13, 2024, from https://www.statista.com/statistics/1267326/india-share-of-household-members-with-insurance-by-wealth-group/
Oxfam. "Share of household members with insurance in India from 2005 to 2016, by wealth group." Chart. June 21, 2021. Statista. Accessed June 13, 2024. https://www.statista.com/statistics/1267326/india-share-of-household-members-with-insurance-by-wealth-group/
Oxfam. (2021). Share of household members with insurance in India from 2005 to 2016, by wealth group. Statista. Statista Inc.. Accessed: June 13, 2024. https://www.statista.com/statistics/1267326/india-share-of-household-members-with-insurance-by-wealth-group/
Oxfam. "Share of Household Members with Insurance in India from 2005 to 2016, by Wealth Group." Statista, Statista Inc., 21 Jun 2021, https://www.statista.com/statistics/1267326/india-share-of-household-members-with-insurance-by-wealth-group/
Oxfam, Share of household members with insurance in India from 2005 to 2016, by wealth group Statista, https://www.statista.com/statistics/1267326/india-share-of-household-members-with-insurance-by-wealth-group/ (last visited June 13, 2024)
Share of household members with insurance in India from 2005 to 2016, by wealth group [Graph], Oxfam, June 21, 2021. [Online]. Available: https://www.statista.com/statistics/1267326/india-share-of-household-members-with-insurance-by-wealth-group/