Rural Premium

Other Miscellaneous segment in Rural premium is 60.8% in 2020-21, with the Crop Segment being the majority contributor .

Chart 4.2.1Segment-wise share of Rural Premium - 2020-21

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

Rural premium as a percentage of overall premium increased from 22.4% in 2019-20 to 22.5% in 2020-21.
Rural areas contributed approximately one-fifth of the national premium in FY 20-21.

Chart 4.2.2Rural / Urban Premium Percentage of Overall GDPI

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