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India’s Life Insurance Sector Now Has 31.5 Lakh Agents: LIC, TATA AIA, and Axis Max Life Lead Growth

India’s Life Insurance Sector Now Has 31.5 Lakh Agents: LIC, TATA AIA, and Axis Max Life Lead Growth

#LifeInsurance #InsuranceAgents #LIC #TATAAIA #AxisMaxLife #InsuranceForAll #IRDAI #FinancialInclusion #AgentNetwork #IndiaInsuranceMarket #InsurancePenetration Mumbai: India’s life insurance industry continues to deepen its agent network at a steady pace, adding over 2.25 lakh new agents between June 2024 and June 2025. According to the latest data released by the Life Insurance Council, the total number of life insurance agents now stands at 31.54 lakh, reflecting the industry's growing outreach, especially into underpenetrated markets. The expansion is significant, given the broader national goal of achieving “Insurance for All by 2047”, a mission advocated by former IRDAI Chairman Debasish Panda, who in November last year noted…
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