The Indian life insurance industry is tenth rank in the world and Indian non-life insurance industry is fourteenth rank in the world. Covid-19 have impacted almost every sector and region, everywhere on the globe Insurance Industries also effected vigorously by the covid-19 epidemic. Insurance industries is very important for growth of GDP and the prosperity of the country. In this paper we studied the market and economic shrinking and growth of the Insurance Industries. In this paper we also discussed the difficulties and modification in the life insurance industries due to covid-19 epidemic.

KEYWORDS: Covid-19, Prosperity, Insurance Industries, Epidemic.