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Life Insurance of India
LIC is the no. 1 brand in service sector and 240 million + lives are part of lic of india.
LIC is the biggest life insurer in the world.
Best infrastructure – 2048 lic branches (fully computerized) 1275 satellite office more than 1.16 lac employees and 11.72 lac agents.
LIC policy for all segment
Best practices in the industry
Excellent claim settlement ratio
Sovereign guarantee to customers
Country's largest insurer Life Insurance Corporation Of India (LIC) has paid Rs 1804.35 cr to the government of india as dividend for 2014-15.
LIC had declared a valuation surplus of Rs 36087 crore for the financial year ending 2013
LIC has received a total premium income of Rs 239482 crore against 208589.27 crore in the previous showing a growth rate of 11.90 per cent
The total life fund of LIC stood at Rs 1824194.95 crore as against Rs 1433103.14 crore in the previous year. the total assets of the company rose to Rs 1560481.84 crore from Rs 1417891.79crore in the previous year
During 2014-15, LIC settled more than 2.32 crore claims for an aggregate amount of over Rs 90458.16 crore.
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