Life Insurance Corporation of India – commanding popular trust!
Life Insurance Corporation of India was founded on 1st of September 1956 when the Parliament of India passed Life Insurance Act of India which eventually nationalized the private insurance industry of India. More than 245 private insurance players were brought under the banner of LIC of India. Today it is he largest insurance company of India with an estimated value of US$ 220 billion (2010). Headquartered in Mumbai, the company operates through a huge network which comprises 8 zonal offices supplemented by 109 divisional offices and 992 satellite offices! Besides 2048 fully computerized branch offices serve as the backbone of the organization!
LIC – A vibrantly diversified insurance company!
Life Insurance Corporation of India has emerged as a diversified insurance giant of India with commanding presence in the fields of life insurance business, popular health insurance, investment management, mutual funds and pension sector. LIC has five subsidiary companies which are LIC Housing Finance, LIC Nomura Mutual Fund, LIC International, LIC Card Services and LIC Pension Fund Limited.
LIC serving satisfaction through transparent public interfaces -
The company has a policy of working in a responsive and transparent manner to satisfy customer aspirations. Relying on the services of 1337064 freelance agents, 242 corporate agents, 98 brokers, 79 referral agents and more than 40 banking and finance institutions for attracting insurance business, the company stands out a giant with a major share to its credit even in the post liberalization era! A prime contributor to the Indian GDP figures LIC has a burgeoning business presence and presently serves variety of customized life insurance plans along with popular ULIPs, pension plans and group insurance scheme.
LIC – A vibrantly diversified insurance company!
Life Insurance Corporation of India has emerged as a diversified insurance giant of India with commanding presence in the fields of life insurance business, popular health insurance, investment management, mutual funds and pension sector. LIC has five subsidiary companies which are LIC Housing Finance, LIC Nomura Mutual Fund, LIC International, LIC Card Services and LIC Pension Fund Limited.
LIC serving satisfaction through transparent public interfaces -
The company has a policy of working in a responsive and transparent manner to satisfy customer aspirations. Relying on the services of 1337064 freelance agents, 242 corporate agents, 98 brokers, 79 referral agents and more than 40 banking and finance institutions for attracting insurance business, the company stands out a giant with a major share to its credit even in the post liberalization era! A prime contributor to the Indian GDP figures LIC has a burgeoning business presence and presently serves variety of customized life insurance plans along with popular ULIPs, pension plans and group insurance scheme.