Number of lives covered under personal accident insurance India FY 2014-21, by sector

Published by Sandhya Keelery, Aug 30, 2024
In financial year 2021, insurance companies in India covered over one billion lives under personal accident insurances. The number of lives covered by private companies decreased significantly compared to the previous year.

One individual can be administered under several policies or plans at one insuring company. Furthermore, one individual may also be insured at more than one company.

Number of lives covered under personal accident insurance from financial year 2014 to 2021, by sector (in millions)

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Release date

December 2021

Region

India

Survey time period

FY 2014 to FY 2021

Supplementary notes

One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of February 2022).

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

Figures have been rounded for clarity.

Previous reports have been accessed.

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