India has the world’s largest population: As of 2025, India is the most populous country in the world, with an estimated population of approximately 1.46 billion people. The world population is projected to reach 8.634 billion by 2031, with a yearly increase of 0.76%.
Positive Demography: Till 2020, India had one of the largest young populations in the world, with a median age of 28 years. As of 2031, about 87% of Indians will still be below the age of 60. CRISIL Report forecasts that 64% of them will be between 15 and 59 years.
Urban growth: Urbanisation across the world has increased and similar trend has been observed in India, currently, close to 35% of the population live in urban areas and this is estimated to increase to 52 % by 2050. It is expected to create more job prospects , develop modern consumer services and increase the ability for savings. An increase in urban growth has led to improvement in the standard of living and financial awareness through saving and investments.
Insurance Penetration: Insurance penetration and density are two points used to assess the level of development of insurance sector. While insurance penetration is measured as the percentage of insurance premiums to GDP, insurance density is calculated as the ratio of premium to population (per capita premium).
Despite the strong growth in life insurance, India is still under-insured as compared to Advance Asia Pacific countries such as South Korea, Taiwan, Singapore and Japan etc.
LIC had launched Mahila Career Agent Scheme (LIC’s Bima Sakhi) on 09.12.2024. The scheme aims to provide employment opportunities to women and provides them financial independence and the advantage of working as per their convenience and time. This is a stipendiary agency scheme for 3 years with monthly stipend of ` 7000/- in First Year, ` 6000/- in Second Year and ` 5000/- in Third Year in addition to the commission payments. After 3 years, the agent will continue to work and earn commission and other benefits as per the rules. As at 31.03.2025, total 1,48,888 Bima Sakhis were recruited and they completed New Business of 4,71,120 policies with FPI of 604.57 Crores and stipend of 62.36 Crores was paid.
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. Extra Money
. Earn Upto 30% Commission
. Earn 7.5% Renewal Commission
. Convert Contacts in Cash
. Low Housing loan rate
. Festival Advance Money
. Car Advance Money
. Hereditary Commission
. Work Part/Full/Extra/Any time
. Be Boss of your time and work