An Overview of LIC India
Founded in 1956 after the merger of more than 254 provident societies and insurance companies, Life Insurance Corporation or LIC of India is the biggest public sector insurance company in the country. The headquarters of this company is situated in the commercial capital of India – Mumbai.
With more than 2000 branches across the country, Life Insurance of India helps enhance the quality of insurance services for people across all walks of life. There is a wide range of LIC insurance plans, from investment products to pure insurance services that are offered by the company. With the motto ‘Your Welfare is Our Responsibility’, the insurance major has an outstanding presence in both rural and urban India.
In many surveys, the company has successfully secured the top position for being one of the most trusted brands in India. It has received many awards and honours for its diversified and effective insurance plans.