Rural Premium

Other Miscellaneous segment in Rural premium is 60.4% in 2019-20, with the Crop Segment being the majority contributor .

Chart 4.2.1Segment-wise share of Rural Premium - 2019-20

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

Rural premium as a percentage of overall premium increased from 20% in 2018-19 to 22.4% in 2019-20.
Rural areas contributed approximately one-fifth of the national premium in FY 19-20.

Chart 4.2.2Rural / Urban Premium Percentage of Overall GDPI

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