Life Insurance Corporation of India is an Indian insurance company. The company is engaged in life insurance business in India and abroad. It offers a variety of individual and group insurance solutions, including participating, non-participating and investment risk companies. The portfolio consists of various insurance and investment products such as protection, pension, savings, investment, annuity, health and variable. Its segments are Individual, Participating Pensioner, Participating Pensioner, Non-Participating Person (Individual and Group), Non-Participating Pension (Individual and Group), Non-Participating Pensioner, Non-Participating Changing Person, Non-Participating Health Care Person, Non -Participating Health Professional. Participating entity is bound. It has about 44 products, including 33 individual products and 11 group products. Its insurance plans include Saral Jeevan Bima, Saral Pension, Arogya Rakshak, Dhan Rekha, Bima Jyoti and others.