In financial year 2020, the value of life insurance held by individuals in the country in financial assets amounted to over 37 trillion Indian rupees, an increase from the previous year. Interestingly, an exponential rise in the value of life insurance of Individuals was recorded over the years from financial year 2015 across the country.
Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees)
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Karvy Private Wealth. (April 6, 2021). Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) [Graph]. In Statista. Retrieved December 07, 2023, from https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/
Karvy Private Wealth. "Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees)." Chart. April 6, 2021. Statista. Accessed December 07, 2023. https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/
Karvy Private Wealth. (2021). Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: December 07, 2023. https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/
Karvy Private Wealth. "Life Insurance Value as a Part of Individual Wealth in Financial Assets across India from Financial Year 2015 to 2020 (in Trillion Indian Rupees)." Statista, Statista Inc., 6 Apr 2021, https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/
Karvy Private Wealth, Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/ (last visited December 07, 2023)
Life insurance value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in trillion Indian rupees) [Graph], Karvy Private Wealth, April 6, 2021. [Online]. Available: https://www.statista.com/statistics/723902/india-life-insurance-value-in-individual-financial-assets/