Rural Premium

In 2024-25, Both Motor & Other Miscellaneous segment accounted for more than 6/7th of the overall Rural Premium. Crop insurance was a substantial contributor to this segment.

Chart 4.2.1Segment-wise share of Rural Premium - 2024-25

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

The share of rural premium in the total premium declined from 18.5% in 2023-24 to 13.5 % in 2024-25. 

Chart 4.2.2Rural / Urban Premium Percentage of Overall GDPI

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