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TONGYANG Life Insurance Co., Ltd. engages in the provision of life insurance services. It operates through the following business divisions: Guarantee, Savings and Pension, Variable, and Retirement Pension. The Guarantee division offers life time insurance, integrated insurance, term insurance, and illness and accident insurance. The Saving and Pension division includes savings, pension, and tax qualified insurances. The Variable division offers guarantee, savings, and annuity insurances. The Retirement Pension provides principal and interest guaranteed and performance dividend type products. The company was founded on July 1, 1989 and is headquartered in Seoul, South Korea.