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The Times of India
The Times of India
Business
PTI

LIC intends to raise market share in non-participating business, diversify channel mix: Chairman

NEW DELHI: Country's largest insurer LIC intends to raise its market share in non-participating insurance products as well as diversify the channel mix, a top company official said.

Having a market share of 65 per cent, the state-owned life insurer offers 17 individual participating products, 17 individual non-participating products, 11 group products and 7 products with rider benefits.

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