New life insurance policies in India by sector FY 2017-FY 2018

This statistic shows the number of life insurance policies in India for financial years 2017 and 2018, broken down by sector. In FY 2018, there were approximately 6.86 million private and about 21 million LIC new insurance policies issued.

Number of new life insurance policies in India in FY 2017 and FY 2018, based on sector

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Release date

November 2018



Survey time period

FY 2017 and FY 2018

Special properties

In India, the government's financial year runs from April 1st to March 31st. FY 2017 started on April 1, 2016 and eneded on March 31, 2017.

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