GOVERNMENT
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GOVERNMENT
OF INDIA
The number of Postal Life Insurance (PLI) – Policies procured has increased from 172163 in 2001-02 to 433182 in 2013-14. It has shown an increase of 261019 Postal Life Insurance (PLI) – Policies procured during this period. The average annual growth rate recorded during this period is 12.63%.
The top five years with the highest number of Postal Life Insurance (PLI) – Policies procured during the financial year in the period between 2001-02 and 2013-14 were: 2009-10 (597234 Postal Life Insurance (PLI) – Policies procured during the financial year); 2010-11 (540743 Postal Life Insurance (PLI) – Policies procured during the financial year); 2011-12 (482423 Postal Life Insurance (PLI) – Policies procured during the financial year); 2012-13 (454053 Postal Life Insurance (PLI) – Policies procured during the financial year) and 2013-14 (433182 Postal Life Insurance (PLI) – Policies procured during the financial year).
While the three years with lowest Postal Life Insurance (PLI) – Policies procured were: 2003-04 (276880 Postal Life Insurance (PLI) – Policies procured during the financial year); 2002-03 (212967 Postal Life Insurance (PLI) – Policies procured during the financial year) and 2001-02 (172163 Postal Life Insurance (PLI) – Policies procured during the financial year).
The top five years with the highest % growth in the number of Postal Life Insurance (PLI) – Policies procured during the financial year in the period between 2001-02 and 2013-14 were: 2009-10 (42.93% growth in Postal Life Insurance (PLI) – Policies procured during the financial year); 2003-04 (30.01% growth in Postal Life Insurance (PLI) – Policies procured during the financial year); 2004-05 (24.39% growth in Postal Life Insurance (PLI) – Policies procured during the financial year); 2002-03 (23.7% growth in Postal Life Insurance (PLI) – Policies procured during the financial year) and 2008-09 (17.47% growth in Postal Life Insurance (PLI) – Policies procured during the financial year).
Note: Source : Directorate, PLI, Departments of Posts and also published in statistical year book 2015 by MOSPI. Note: (Amount in Rs. Ten Million).