since 1991, India's financial system and free-market economy have been fully integrated. The banking sector has liberalized several markets, but the insurance market in particular. The Insurance Regulatory and Development Authority Act of 1999 substantially reorganized the formerly monopolized and strictly controlled insurance business (IRDA). The purpose of this research was to examine the development of private and government-run life insurance providers in dia. In FY 2014-2015, LIC's annualized premium revenue represented a steady 73% market share. With 24 different providers, the private insurance market is very competitive. Private insurance companies are expanding at a far quicker pace than their public counterparts. There has been a recent rise in the percentage of the population with health insurance. There are several different ways in which insurance businesses compete for customers, including policy sales and premium collection.

New insurance policies, Life insurance companies,Total insurance premium, Fresh life insurance premium,Life Insurance