The Life Insurance industry (comprising 24 Life Insurers), agency force declined by 60,000 agents to 20.07 lakh agents by end June 2015, as per data from the Life Insurance Council.

- 1,13,824 new agents have joined various companies, 1,74,564 have exited the industry.
- The number of agents as on June 30, 2014, was 21.77 lakh, which came down to 20.07 lakh as on June 30, 2015.
- Life Insurance Corporation (LIC) has lost 79,000 agents, but could add only around 50,000 agents during the reporting period.


Source - Life Insurance Council (2014 & 2015)

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