Increase in Working Population

India has about 40% of young population at present i.e. age group 20 to 49 years. This is expected to grow to 65% by the year 2020.
Research by Morgan Stanley shows that India’s working-age population will increase by 136 million by 2020. (China’s working-age population, by comparison, will grow by 23 million.)

The expected increase in young working population shows the potential available in India for Life Insurance Business.