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About us

LIC

  • Life Insurance Corporation 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 offices, more than 1.16 lac employees and 11.72 lac agents.
  • LIC policy for all segment.
  • Transparency operations.
  • Best practices in the industry.
  • Excellent claim settlement ratio.
  • Sovereign guarantee to customers.

2017-2018

  • Country's largest insurer Life Insurance Corporation of India(LIC) has paid Rs.2207 Cr to the government of India as dividend for 2017-2018.
  • LIC's surplus payout to government up 15.8% at Rs 2207 crore in Financial Year 2017.
  • LIC has received a total premium income of 300196.68 crore against in the previous year showing a growth rate of 11.90 percent
  • The total life fund of LIC stood at Rs.2323802.59 crore against 1824194.95 crore in the previous year.
  • During 2017-2018 LIC settled 112700.41 Crore as total amount of Claim.
  • Country's largest insurer Life Insurance Corporation of India(LIC) has paid Rs.2207 Cr to the government of India as dividend for 2017-2018.
  • LIC's surplus payout to government up 15.8% at Rs 2207 crore in Financial Year 2017.
  • LIC has received a total premium income of 300196.68 crore against in the previous year showing a growth rate of 11.90 percent
  • The total life fund of LIC stood at Rs.2323802.59 crore against 1824194.95 crore in the previous year.
  • During 2017-2018 LIC settled 112700.41 Crore as total amount of Claim.