Life Insurance Corporation of India is an insurance company based in India. It is involved in life insurance business in India and abroad. It offers a variety of individual and group insurance solutions, including participating, non-participating and unit-linked business lines. The portfolio includes a wide range of insurance and investment products such as protection, pensions, savings, investments, annuities, health and variable products. Its segments include Individual Life Insurance, Individual Participating Pension Insurance, Individual Participating Annuity Insurance, Non-Participating Life Insurance (Individual and Group), Non-Participating Pension Insurance (Individual and Group), individual non-participating annuity insurance, variable non-participating insurance life, nonparticipant health insurance and nonparticipant unit linked insurance. It offers about 44 products, including 33 individual products and 11 group products. The insurance scheme includes Saral Jeevan Bima, Saral Pension, Arogya Rakshak, Dhan Rekha, Bima Jyoti, and others.
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