Online Life Insurance Market in India to Grow at a CAGR of 25.36% over the Period 2014-2019; Finds New Report - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 4, 2015 Newswires
Share
Share
Post
Email

Online Life Insurance Market in India to Grow at a CAGR of 25.36% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Online Life Insurance Market in India 2015-2019” research report to their website http://www.MarketResearchReports.comLewes, DE -- (ReleaseWire) -- 05/04/2015 -- Report forecast the online life insurance market in India to grow at a CAGR of 25.36% over the period 2014-2019.

Life insurance policy is a contract between the insurer and the insured, under which for the premiums received, the insurer agrees to pay a sum of money based on the policy conditions. The insurance market in India is highly established. Digitization of insurance was, however, a late development in the country. Insurance policies are broadly classified as traditional and ULIPs. The advances in the internet infrastructure and the rising cost of insurance policies are the major factors that paved way for online life insurance. With public entities such as LIC entering the online insurance market, the credibility of online policies have strengthened. As a result, there have been increase sales as well as renewal of insurance policies via the online medium.

This report covers the present scenario and the growth prospects of the online life insurance market in India for the period 2015-2019. To calculate the market size, it considers the number of new life insurance policies sold through the online medium.

According to the report, India, the rise in internet penetration is one of several factors that drives the growth of the market. The increased online presence of the population has encouraged insurance providers to offer policies via the online medium that are increasingly being accessed through desktops and mobile devices.

Further, the report states that compliance with IRDA regulations and web aggregators pose a challenge to the market.

Online Life Insurance Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key players in Online Life Insurance Market in India 2015-2019: Bajaj Allianz General Insurance, Birla Sunlife Insurance, Life Insurance Corporation of India, New India Assurance, SBI Life Insurance and Tata AIG General Insurance

Other Prominent Vendors in the market are: AEGON Religare Life Insurance, Aviva Life Insurance, Bharti Axa Life Insurance, Exide Life Insurance, HDFC Standard Life Insurance, ICICI Prudential Life Insurance, IDBI Federal Life Insurance, Kotak Mahindra Old Mutual Life Insurance, Max Life Insurance, Reliance Life Insurance and Star Union Dai-ichi Life Insurancee

Market driver
- Rise in internet penetration
- For a full, detailed list, view our report

Market challenge
- Compliances with IRDA regulations and web aggregators
- For a full, detailed list, view our report

Market trend
- Increase in consumer awareness
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 78 pages, "Online Life Insurance Market in India 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, India: Overview, Market Landscape, Market Overview, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/online-life-insurance-market-india-2015-2019

Find all Insurance Reports at: http://www.marketresearchreports.com/insurance

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

For regular industry updates subscribe to our newsletter at: http://www.marketresearchreports.com/subscribe-to-newsletterFor more information on this press release visit: http://www.releasewire.com/press-releases/release-595953.htm

Media Relations Contact

Amitava SenVP - Sales & Marketing
Market Research Reports, Inc.
Telephone: 302-703-7787
Email: Click to Email Amitava Sen
Web: http://www.marketresearchreports.com/technavio/online-life-insurance-market-india-2015-2019

Newer

Real Estate Crowdfunding Platform Opens Doors Nationwide

Advisor News

  • More than half of recent retirees regret how they saved
  • Tech group seeks additional context addressing AI risks in CSF 2.0 draft profile connecting frameworks
  • How to discuss higher deductibles without losing client trust
  • Take advantage of the exploding $800B IRA rollover market
  • Study finds more households move investable assets across firms
More Advisor News

Annuity News

  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
  • United Heritage Life Insurance Company goes live on Equisoft’s cloud-based policy administration system
  • Court fines Cutter Financial $100,000, requires client notice of guilty verdict
  • KBRA Releases Research – Private Credit: From Acquisitions to Partnerships—Asset Managers’ Growing Role With Life/Annuity Insurers
More Annuity News

Health/Employee Benefits News

  • Medicare is experimenting with having AI review claims – a cost-saving measure that could risk denying needed care
  • CMS proposed rule impacts MA marketing and enrollment
  • HUMAN RIGHTS CAMPAIGN FOUNDATION TAKES NEXT STEP IN CLASS ACTION LITIGATION AGAINST TRUMP ADMINISTRATION, FILES COMPLAINT WITH EEOC OVER PROHIBITION ON GENDER-AFFIRMING HEALTHCARE COVERAGE FOR FEDERAL EMPLOYEES
  • Cost of health insurance got you down? Maybe run for school board
  • St. Clare relocation part of La Crosse free health clinic's $3.2M expansion plan
More Health/Employee Benefits News

Life Insurance News

  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
  • AI in life and health: Poised for a 2026 breakthrough?
  • United Heritage Life Insurance Company goes live on Equisoft’s cloud-based policy administration system
  • An Application for the Trademark “RELIANCEMATRIX A MEMBER OF TOKIO MARINE GROUP” Has Been Filed by Reliance Standard Life Insurance Company: Reliance Standard Life Insurance Company
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • Prosperity Life Group appoints industry veteran Rona Guymon as President, Retail Life and Annuity
  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet