Persistency ratio of LIC FY 2023, by number of months

Published by Sandhya Keelery, Aug 30, 2024
In the financial year 2023, the 61st month persistency ratio of the Life Insurance Corporation of India (LIC) was approximately 50 percent. The persistency ratio at the 13th month was 64.28 and it decreased over time. Persistency ratio reflects the ratio of life insurance policies that received timely premiums in the given year and the number of net active policies.

Persistency ratio of Life Insurance Corporation in financial year 2023, by number of months

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Release date

May 2023

Region

India

Survey time period

FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

Persistency ratio is based on number of policies.

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