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.
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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