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.

2020-2021

• Country's largest insurer Life Insurance Corporation of India(LIC) has total premium income of Rs.402844 Crores
• LIC had declared a valuation surplus after Tax(2019-20) of Rs.53954 Crores
• LIC has received a total premium income of Rs.402844 Crores
• The total life fund of LIC stood at Rs.3436686 Crores. The total assets of the company rose to Rs.3804610 Crores
• During 2020-2021 LIC settled more than 2.29 crore claims for aggregate amount of over Rs.147755 Crores