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About us

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 COMPUTERISED), 1,401 SATELITE OFFICES, 1240 MINI OFFICES & MORE THAN 1.15 LAKHS ECPLOYEES AND 1.31 LAKHS AGENTS.

  LIC POLICIES (PRODUCTS) FOR ALL SEGMENT OF SOCIETY.

  TRANSPARENCY OPERATIONS.

  EXCELLENT CLAIM SETTLEMENT RATIO.

  SOVEREIGN GUARANTEE TO CUSTOMERS.

  OWNED & RUNNED BY GOVERNMENT OF INDIA.

2016-2017

  Country’s largest insurer Life Insurance Corporation of India (LIC) have 29.04 Crores Individual Policies in force.

  Holds Market Shared as - 76.09 % (in Policies) & 71.07 % in Premium.

  LIC has allocated Rs.47,387.44 crores as a Reversionary Bonuses to the Policyholders and paid Rs.2,494.08 Crores to the Government of India towards its share of Surplus.

  LIC have received a Total Premium Income of Rs.3,00,196.68 Crores.

  The Total Life Fund of LIC of India stood at Rs.23,23,802.59 Crores.

  The total Assets of the Corporation rose to Rs.25,72,028.34 Crores.

  During 2015-16, LIC settled total 215.58 Lakhs number of claim for an agreegate amount of Rs.1,12,700.41 Crores.

  Have a range of 23 Products suitable for each need of theSociety.

  Have International Operations at –

  1. LIC Fiji.
  2. LIC Mauritius.
  3. LIC U.K.
  4. LIC (Int)EC.
  5. LIC Nepal Ltd.
  6. LIC Lanka Ltd.
  7. Kenindia Assurance Co.Ltd.
  8. Life Insurance Corporation (Singapore) Pvt.Ltd.
  9. LIC Bangladesh Ltd.

Company informations

Shailesh S. Pote
Developement Officer

L.I.C of India,Branch Office-89F,
Satellite Classic Bldg, Gumpha Road,
Jogeshwari(East), Mumbai -400060.

Contact details

E-mail address:
shailesh_pote@rediffmail.com

  +91 99879 25557

  +91 98690 12445