LIC of India – Life Insurance
LIC of India is the Government of India’s own Life Insurance company in India. LIC of India was started in 1956 by merging hundreds of Insurance companies in India by investing Rs. 5 Crore by the Government of India. Today, the LIC of India is having more than 40 Crore Policyholders in individual and Group Insurance schemes.
This company had created records for the number of policyholders, the highest number of claim settlements, the Best claim settlement ratio, the Highest number of maturity paid, etc.,
The official website of the LIC of India is licindia.com. LIC of India had floated other companies for Mutual Funds and Housing Finance also. They are :
1. LIC Housing Finance Limited
- A. LIC HFL Care Homes Limited
- B. LIC HFL Financial Services Limited
- C. LIC HFL Asset Management Company Limited
2. LIC Mutual Fund Asset Management Company Limited
LIC plans are designed in keeping the view of the public in India. Most of the Plans which are started are still continuing with the plan number change as these plans are very popular among the people.
LIC plans like
- Endowment plan,
- Children plans,
- Term Insurance Plans,
- Money-Back plans,
- Retirement plans,
- Health Insurance plans,
- Unit linked insurance plans,
are very popular in the Insurance market.
The planning is done in such a way that for every occasion there is a plan with LIC.
Buy Insurance policy now from LIC of India, Invest and save a life.