Crore rural policies were sold by companies in last two years. 55 Crore policies in 2007-08 and 26 Crore policies in 2008-09) 36 Crore

Companies are statutorily required to do rural business and cover lives from social sector -rural, un-organized and socially underprivileged from there first year of operation.

• Companies are statutorily required to do rural business and cover lives from social sector -rural, un-organized and socially underprivileged from there first year of operation.

• Companies have to mandatorily sell

• 18% of new policies in rural areas.
• Cover 25,000 lives in social sector every year.

• 2.8 Crore rural policies were sold by companies in last two years.

• (1.55 Crore policies in 2007-08 and 1.26 Crore policies in 2008-09)

• 3.36 Crore life's covered in social sector in last two years.

• (1.43 Crore in 2007-08 and 1.93 Crore in 2008-09)

• 70% of the total 11,927 branches of insurance companies are in semi-urban or rural areas (33% in rural areas).

• No such obligations for Mutual Funds which operate mostly in 16 cities.