Reform process in the sector has started in the year 1991 and has facilitated to the private players to the market. Some of the insurance policy, details requirement for the coverage in the policy, date of commencement of the policy and their adopting organizations are as follows:
1. Social Security Group Scheme
This scheme is administered by Life Insurance Corporation of India for fulfilling the requirement of the weaker section in the society. This scheme covers the peoples in the age group of 18-60 years and an insurance of Rs.5000 for natural death and of Rs.25000 on due to accidental death.

2. Shiksha Sahyog Yojana
This scheme is working since December 31,2001. Under this scheme an educational scholarship of Rs.300 per quarter per child is given for a period of four years.

3. Jan Arogya Bima Policy
Generally this scheme covers a special group of population who are unable to pay for high cost of medical treatments. The premium collection for the adults upto the age of 45 years is Rs. 70 and for children it is Rs. 50. The limit coverage is fixed at Rs.5000 per annum.

4. Mediclaim Insurance Policy
This policy helps in reimbursing the medical expenses. The age coverage is from 5-80 years. Here there is a tax benefit of upto Rs 10,000.

5. Jana Shree Bima Yojana
In this insurance policy, a minimum membership of the group should be 25. There is an insurance coverage of Rs 2,000 on natural death and Rs 50,000 for accidental death. The premium amount is fixed at Rs. 200 for single member. This scheme is working since August 10,2000.