IRDAI's New Push: Wider Insurance Coverage Across India 2025

The Insurance Regulatory and Development Authority of India (IRDAI) is calling upon insurance companies to do more than quote statistics — it’s urging real action to widen insurance coverage across the nation. In 2025, the regulatory body has shifted its focus toward rural, tribal, and economically weaker sections who remain outside the insurance net.

This move aims to increase true insurance penetration by ensuring that underserved communities get meaningful financial protection. IRDAI has been reviewing insurer performance beyond mere numbers, rewarding efforts that lead to actual coverage growth. With India’s increasing digital reach and fintech adoption, the stage is set for insurance inclusion at scale.

For stakeholders — whether insurers, policyholders, or agents — these reforms offer opportunities to align with national goals and serve millions who have long been ignored.

Source: The Economic Times