Contact: +91-9448728417 / 7829021157
The Life Insurance Corporation of India came into existence on 1st September, 1956, with the objective of spreading life insurance more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost .
From then to now, LIC has crossed many milestones and has set unprecedented performance records in various aspects of life insurance business. LIC continues to be the dominant life insurer even in the liberalized scenario of Indian insurance and is moving fast on a new growth trajectory surpassing its own past records. In its 59 years of existence, LIC has grown from strength to strength be its customer base, agency network, branch office network, new business premium and has a significant role in spreading life insurance widely across the country.
| Zonal Offices | 8 |
| Divisional Offices | 113 |
| Branch Offices | 2048 |
| Satellite Offices | 1401 |
| Mini Offices | 1240 |
| Employees | 1,14,773 |
| Agents | Above 10 Lakhs |
| Policies (In Lacs) |
First Year Premium Income (Rs. in Crore) |
|
|---|---|---|
| Composite | 205.47* | 97674.32* |
| Market Share (%) | 76.84 | 70.44 |
*Excluding Business procured under Varishtha Pension Bima Yojna.
| Policies | 184694 |
| FPI (Rs. in Crore) | 5460.04 |
| P&GS Conventional | Social Security Schemes | |
|---|---|---|
| No of Lives (in lacs) | 400.16 | 226.04 |
| Premium Income (Rs. in crore) | 64685.15 | 254.26 |
| (in Crore) | Sum Assured/NCO (Rs. in Crore) |
|
|---|---|---|
| Individual Policies | 29.02 | 38,32,912.04 |
| Group Policies (lives) | 12.09 | 10,30,916.42 |
| (Rs. in Crore) | |
|---|---|
| Total Income | 424186.68 |
| Total Premium Income | 266225.38 |
| Payment to Policyholders | 143445.17 |
| Total Life Fund | 2057625.38 |
| Total Assets | 2210378.65 |
| Total Number of Claims settled | 215.71 lakh |
| Total amount of Claims paid (including Micro Insurance and P&GS) |
Rs.1,01,041.65 Crores |
| Percentage of Maturity claims settled | 99.75% |
| Percentage of Death Claims settled | 99.55% |
LIC now looking forward for Highly Enthusiastic and Self Motivated person who want to earn unlimited Wealth and reach highest level of success & status. All it needs is a DECISION of yours which can change your life and that of others too. Come Join my team and be a part of ever growing Insurance market with India's Insurance giant LIC. To know more about the procedure and profession Download LIC profile PDF OR Call at +91-9448728417 / 9902483107 or write at psrk118360@gmail.com | ps.radhakrishna@licindia.com
Contact No:+91-9448728417 | 9902483107.
Email : psrk118360@gmail.com / ps.radhakrishna@licindia.com
Bangalore .
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