Rural Premium

Other Miscellaneous segment in Rural premium is 69% in 2018-19, with the Crop Segment being the majority contributor .

Chart 4.2.1Segment-wise share of Rural Premium - 2018-19

Source: Rural Premium Data information submitted by individual companies to IRDAI monthly.

Rural premium as a percentage of overall premium decreased from 24.3% in 2017-18 to 20.4% in 2018-19.
Rural areas contributed approximately one-fifth of the national premium in FY 18-19.

Chart 4.2.2Rural / Urban Premium Percentage of Overall GDPI

Source: Rural Premium Data information submitted by individual companies to IRDAI monthly.