LIC’s corporate insurance is one of the best insurance facilities in insurance industry. LIC provides opportunity to insure your expensive assets and machinery from theft or damage. These assets are backbone of your business. Human resource is the biggest asset of any business. Providing both the insurance that is life insurance as well as health insurance can be a morale booster for your employees. different type of corporate insurance provided by LIC are : commercial and industrial that is Fire policy, burglary policy, Money insurance policy, marine cargo policy, machinery breakdown policy, business interruption policy, consequential loss policies and liability policies, third party insurance, group life insurance, group critical illness group medical health insurance and key man insurance.