Life Insurance Corporation of India (LIC) is a provider of life insurance products to individuals and group customers. The company's offerings include pension plans, unit linked plans, micro insurance plans, whole life plans, money back plans, group schemes, and withdrawal plans. As of March 31, 2025, LIC operated through eight zonal offices, 113 divisional offices, and 77 units of Pension & Group Schemes. It also had three foreign branches in Fiji, Mauritius, and the UK, and one branch in GIFT City, India. LIC had a market share of 57.05% in Indian life insurance segment based on first-year premium and 71.19% based on the number of new policies. It had 1,486,851 agents.

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