Life Insurance Facts

People in India do not have access to any form of Life Insurance

1 in 10

The average life insurance premium costs less than most car insurance premiums

Why go for Life Insurance?

Financial Support to Family

Recurring Income for Family

Take care of outstanding loans

Ability to pay for large one-time expenses

Some Life Insurance Facts

750 MIndia's Insurable Population by 2020

74 YrsIndia's average Life Expectancy by 2020

3.3% 6.2%India's Insurance Penetration in 2015

Global Insurance Penetration in 2015

Insurance Penetration among BRICS

Insurance Penetration - BRICS

4%

1.3%

3.3%

3%

15.4%

Brazil

Russia

India

China

South Africa

0 5 10 15 20

Insurance Penetration - 2010 - 2015

Insurance Penetration: YoY

5.1%

4.1% 3.96% 3.9%3.3%

2010 - 11

2011 - 12

2012 - 13

2013 - 14

2014 - 15

0

2.5

5

7.5

Sources:

Business Standard

IBEF: Insurance Sector in India

Adverse Affects of Low or No Insurance

50% or moreof a family's income is lost as a result of:

Serious Injury Serious Illness Premature death of Primary Earning Member