| Financial Performance (Premium, Commission Expenses, Operating Expenses of Insurance Business and Net Benefit) of Life Insurance Corporation of India - Part I (As on 31.03.2020) | ||||||||
| (Rs. in Lakh) | ||||||||
| Particulars | Non-Linked Business | |||||||
| Life Business | Pension Business | Annuity Business | Variable Business | Health Business | ||||
| Participating | Non- Participating | Participating | Non- Participating | Participating | Non- Participating | Non- Participating | Non- Participating | |
| First year Premiums | ||||||||
| Renewal Premiums | ||||||||
| Single Premiums & CAG | ||||||||
| Total Premium | ||||||||
| Premium Income from Business Written : | ||||||||
| In India | ||||||||
| Outside India | ||||||||
| Total Premium | ||||||||
| Commission Paid | ||||||||
| Direct - First year Premiums | ||||||||
| Renewal Premiums | ||||||||
| Single Premiums | ||||||||
| Other Commission | ||||||||
| Add : Commission on Re-Insurance Accepted | ||||||||
| Less : Commission on Re-Insurance Ceded | ||||||||
| Net Commission | ||||||||
| Rewards and Remuneration to Intermediaries | ||||||||
| Net Commission | ||||||||
| Commission on Business Written : | ||||||||
| In India | ||||||||
| Outside India | ||||||||
| Net Commission | ||||||||
| Break up of the Expenses (Gross) Incurred to Procure Business : | ||||||||
| Agents | ||||||||
| Brokers | ||||||||
| Corporate Agency | ||||||||
| Referral | ||||||||
| Others : Banks | ||||||||
| Insurance Marketing Firm (IMF) | ||||||||
| Total | ||||||||
| Employees Remuneration & Welfare Benefits | ||||||||
| Travel, Conveyance and Vehicle Running Expenses | ||||||||
| Training Expenses | ||||||||
| Rents, Rates & Taxes | ||||||||
| Repairs | ||||||||
| Printing & Stationery | ||||||||
| Communication Expenses | ||||||||
| Legal & Professional Charges | ||||||||
| Medical Fees | ||||||||
| Auditors' fees, Expenses etc. | ||||||||
| As Auditor | ||||||||
| As Adviser or in any other Capacity in Respect of | ||||||||
| Taxation Matters | ||||||||
| Insurance Matters | ||||||||
| Management Services; and | ||||||||
| In any Other Capacity | ||||||||
| Advertisement and Publicity | ||||||||
| Interest & Bank Charges | ||||||||
| Others | ||||||||
| Allowances and Commission (Other than Commission to Insurance Agents) | ||||||||
| Expense on Investment Property | ||||||||
| Policy Stamps | ||||||||
| Receipt Stamps | ||||||||
| Electricity Charges | ||||||||
| Cash in Transit and Other Insurance Premia | ||||||||
| Miscellaneous Expenses | ||||||||
| Head Office Expenses | ||||||||
| Depreciation | ||||||||
| GST on Premium | ||||||||
| Total | ||||||||
| Operating Expenses | ||||||||
| In India | ||||||||
| Outside India | ||||||||
| Total Operating Expenses | ||||||||
| Insurance Claims | ||||||||
| Claims by Death | ||||||||
| Claims by Maturity | ||||||||
| Annuities/Pensions Payment | ||||||||
| Other Benefits | ||||||||
| Surrenders | ||||||||
| Bonuses in Cash | ||||||||
| Hospitalisation Benefits | ||||||||
| Major Surgical Benefits | ||||||||
| Domicilliary Treatment Benefits | ||||||||
| Day Care Benefits | ||||||||
| Lump Sum Benefit/ Income Benefit (by Installment) | ||||||||
| Other Claims Cost -Interest | ||||||||
| Others | ||||||||
| (Amount Ceded in Reinsurance) : | ||||||||
| Claims by Death | ||||||||
| Claims by Maturity | ||||||||
| Annuities/Pensions Payment | ||||||||
| Other Benefits | ||||||||
| Amount Accepted in Reinsurance : | ||||||||
| Claims by Death | ||||||||
| Claims by Maturity | ||||||||
| Annuities/Pensions Payment | ||||||||
| Other Benefits | ||||||||
| Total | ||||||||
| Benefits Paid to Claimants : | ||||||||
| In India | ||||||||
| Outside India | ||||||||
| Total Benefits Paid (Net) | ||||||||
