About LIC

Life Insurance Corporation of India is India’s premier organization formed by an act of parliament under LIC Act, 1956 on 1st September 1956. Today LIC has more than 31 lakh crores worth of assets, 28.92 crore individual policies & 11.36 Crores Group policies (lives) in force as on 31.03.2020. LIC has invested over Rs. 282000 crores in people’s welfare. Over the years, LIC has become a synonym for life insurance in India and a financial conglomerate. It has 2048 Branch Offices, 1546 satellite sampark offices, 1173 Mini Offices networked through WAN with 1.20 million agents across the country as on 31.03.2021. In line with corporate vision “Changed World Unchanged Promises” for the current year LIC always stood up with the Policyholder in this tough situation of covid-19.