Life Insurance Corporation of India - Company Profile
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Business Description
Life Insurance Corporation of India (LIC) is a provider of life insurance products to individuals and group customers. The company’s products include insurance plans, pension plans, group schemes and withdrawn plans. LIC operates through about eight zonal offices, 113 divisional offices, 1,169 mini offices, 1,580 satellite offices and 2,048 branch offices. It had agents of 1,347,325. As of 31 March 2023, market share of LIC stood at 62.58% in total first year premium and 71.76% in the number of new policies.
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Product Categories
- Annuity Business Non-Participating
- Annuity Business Participating
- Health Business Non-Participating
- Life Business Non-Participating
- Life Business Participating
- Linked Business Non-Participating
- Pension Business Non-Participating
- Pension Business Participating
- Variable Business Non-Participating
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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