News From Press LIC policy sales grow to 2.17 crore in FY22

LIC policy sales grow to 2.17 crore in FY22

Source: ET Apr 20, 2022

Life Insurance Corp of India (LIC) sold 2.17 crore insurance policies in fiscal 2021-22, up from 2.10 crore the previous year, a growth of 3.54%. Its total premium increased 12.66% to Rs 1.43 lakh crore in March 2022 from Rs 1.27 lakh crore a year ago.

During 2021-22, individual non-single premium rose 8.82% to Rs 30,016 crore from Rs 27,584 crore at the end of March 2021.

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