Purpose/originality/value-The purpose of this paper is to study the growth of micro insurance in India form 2007 to present, and evaluate the impact of micro insurance on social development of grass root people in India. Design/methodology/approach-From 15 blocks of Agra, 1117 respondents were contacted personally to gather required data randomly are taken into the study to examine the performance of micro insurance and from the IRDA annual reports the performance of private and public

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... business in India from 2007 to present on the basis of individual and group micro insurance business has been measured. Findings-The study clearly reveals that the public insurance company is performing quit better than the private insurance companies both in terms of policy issued which is 36.08% and premium collection is 5.75% growth rate. Along with this preference of public insurance companies is more than private insurance companies among the respondents. And as per the primary data low income people are socially empower from micro insurance their standard of living, social and financial security has been improving day by day. Research limitations/implications-This study is limited to 1117 respondents of Agra only and based on Uni-flow system of micro insurance activities and schemes. Therefore, a larger empirical study would be useful to replicate the results of this study. Practical implications-In order to obtain the full benefits of micro life insurance, it is essential that more and more socially and economically underprivileged people should be covered and policies should be implemented efficiently & effectively.