Investor Presentaiton
Progress on various initiatives - FY23
LIC
भारतीय जीवन बीमा निगम
LIFE INSURANCE CORPORATION OF INDIA
New Products
Launch
LIC'S
DHAN
SANCHAY
LIC'S
BIMA
RATNA
LIC'S
Pension
Plus
Table No 603
UNIT LINKED PENSION PLAN
LIC'S
DHAN
VARSHA
LIC's
NEW
TECH-TERM
PLAN.NO. 954
UIN: 512N351V01
Modification of
Products for
Increase in Non
Par Business on
APE basis
Focus on
Banca and
Alternate
Channel
Digital Initiatives
increasing
persistency
LIC'S
SARAL
PENSION
LIC'S
NEW
JEEVAN
SHANTI
LIC's
字
JEEVAN
AKSHAY
MADHAAR
VII
SHILA
SPECIALLY FOR WOMEN
LIC'S
LIC'S
New
Jeean
AMAR
LIC's
Jeevan Azad
Source: Corporation Data as on 31.03.2023
AADHAAR
STAMBH
SPECIALLY FOR MEN
Individual
business
share of Non Par
moved to 8.89% for
FY23 as against 7.12%
for FY22.
It signifies our gradual
and consistent move
to
diversifying our
product mix aimed at
increasing Non Par
business share.
ANANDA
10,00,000
Consistent
8,00,000
improvement in
6,00,000
Banca
and
4,00,000
2,74,444
Alternate channels
share in business
from 2.92% for
2,00,000
FY22 to 3.44% for
FY23 in terms of
premium.
FY 22
■No of Policies
8,11,278
FY23
More than 8 lakhs policies
completed through Atma
Nirbhar Agent New
Business Digital APP
Number of e-Policies
issued during FY23
1,96,77,839
Real time 24/7 online
proposal deposit creation
through payment gateway
aggregator has been
facilitated
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