<p> Human Resource Development (HRD) has become an important dimension of modern management language. HRD is most needed in sectors like education, banking & insurance, health and other services. The term QWL refers to the favorableness or unfavorableness of job environment for employees. It also refers to the level of satisfaction, motivation, involvement and commitment of individuals with respect to their lives at work. QWL is a multi-dimensional aspect which includes job security, working conditions, competition, job design, employee health and safety, and also the social relevance of the work. This research paper is an attempt to highlight the importance of Quality of work life and welfare measures in the process of Human Resource Development in insurance sector.</p>