B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
2%
2% -- insurance penetration rate for India (2021)
Only 2% of Indians had insurance in 2021.
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
2%
Unit
Percentage
Data Vintage
2021
Entity
Geography
IN
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
35
Freshness
95
Source
A Junior VC
Primary
Tier B
https://www.ajuniorvc.com/navi-unicorn-sachin-bansal-case-study-indian-tech-startup-ipo-fintech ↗
Source Article
Is Navi an Instant Disruptor or on Borrowed Time?
Is Navi an Instant Disruptor or on Borrowed Time?
Profile
Lending
Insurance
Finance
Platform
B2C
Series B-D
Last fortnight, Navi announced a 4,000 Cr IPO, which would be one of India’s biggest
Hunted by Tiger, Fired up Ambitions
Sachin Bansal was just about to be crowned as the king of India’s start…
Original Research
A Junior VC
· Original study ↗
Methodology
Market underpenetration estimate cited in case study
Methodology documented
Segmentation
IndustryFinTech
RegionIN
Cite this stat
Plain Text
India: 2% insurance penetration rate. Source: A Junior VC (2021). Via Lighthouse Intelligence -- https://lighthousedata.io/data/india-insurance-penetration-2021
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<blockquote cite="https://lighthousedata.io/data/india-insurance-penetration-2021" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>2%</strong> -- insurance penetration rate for India<br><small>Source: A Junior VC (2021) · <a href="https://lighthousedata.io/data/india-insurance-penetration-2021" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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