With Budget just around the corner, everyone is full of expectations and predictions and yet again there are so many speculations around the same. As we prepare ourselves for this year’s budget, we have our own wishlist which will help boost Life Insurance sector. There is a greater need for support in the life insurance industry, which through its long-term investments, allows households to meet their life stage goals and for the country to meet its capital requirement for infrastructure. Our country saw major changes in the last year which distorted our economy by way of Demonetisation and GST. These were some bold reforms that changed the way of India’s economy. The life insurance industry of India is set to have higher growth in 2018 aided by low penetration and rising share of financial assets in household savings. Life Insurance in India is both a life risk mitigation tool and as well as an investment avenue.  Also, with IRADAI mandating the linkage of Aadhar and PAN/Form 60