The corona epidemic is not only showing a severe negative impact on the health and income of the people but it also shows a negative impact on the insurance sector. Until February 2020, the insurance sector was in good shape. The non-health insurance segment grew by 13 percent till February in the 2019-20 financial year. The life insurance segment grew by 18 percent. But then the corona comes out as a huge problem. People’s incomes have dropped significantly due to corona.