State Wise Life Insurance Policy 2021-22

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In this post, number of people taking life insurance policy is given in the tabular form. It’s not surprising but true, it is an effect of education. The Maharashtra state people are on the top for taking life insurance policy in the year of 2021 – 22.

Life Insurance Policy 2021-22: Top Ten States

According to IRDA report for the year 2021 – 22, here are the top ten states with number of policies. However, the number of policies depends upon population of states and awareness among the people. The Maharashtra comes on the top of the table, followed by Uttar Pradesh, West Bengal, Karnataka, and Rajasthan.

life insurance policy

Rank

States

Number of Policies

1

Maharashtra

3369340

2

Uttar Pradesh

3339530

3

West Bengal

2632170

4

Karnataka

1899109

5

Rajasthan

1670834

6

Bihar

1647933

7

Tamilnadu

1578020

8

Gujarat

1425490

9

Odisha

1365475

10

Andhra Pradesh

1324052

11

Madhya Pradesh

1278090

12

Telangana

937667

13

Assam

913556

14

Haryana

908208

15

Delhi (NCT)

808076

16

Kerala

757927

17

Punjab

713627

18

Jharkand

656430

19

Chattisgarh

559878

20

Uttarakhand

370765

21

Himachal Pradesh

274143

22

Jammu & Kashmir

215722

23

Tripura

131291

24

Goa

86998

25

Chandigarh

68340

26

Puducherry

38376

27

Manipur

31436

28

Meghalaya

23808

29

Nagaland

20515

30

Arunachal Pradesh

17084

31

Daman, Diu, Dadra & Nagar Haveli

16707

32

Sikkim

12728

33

Mizoram

7674

34

Andaman & Nicobar

5912

35

Ladakh

5843

36

Lakshadweep

107

 

Life Insurance Policy State Wise Ranking

The number of policy taken by the people depends upon education, back ground, awareness and geographical location of the area. The Lakshadweep at the bottom, it does not mean people are not aware about that but comparatively low density population area is main reason.

IRDA Website : IRDA

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