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Why LIC is trusted brand of India?

LIC FARES BETTER THAN PRIVATE INSURERS


     As a Govt of India owned Company , LIC is more than 51 + years old in the field of life insurance and money management. LIC's Life Fund size as on day is more than Rs 5 Lakh Thousand Crores ! This is the only corporation that is catering to more than 190 million satisfied policyholders in India and abroad. This is one of the very few institutions that pays ex-gratia interest on pending maturity claims !
     During its long existence, LIC has kept on updating its portfolio by bringing in new plans depending on public requirement. More than 50 of them are most popular and can be customized to meet any of your requirements. LIC ULIPs have become extremely popular due to the returns they offer. All LIC Plans come with Sovereign Guarantee i.e., Govt of India Guarantee regarding repayment. Infact, as of now, only LIC plans enjoy this Govt Guarantee. Beneficiary for this Sovereign Guarantee is you and you alone as the policyholder/ would-be policyholder.

WHY GO WITH LIC?

 

LIC HAS THE HIGHEST CLAIM SETTLEMENT RATIO
TAX SAVING
     All LIC plans are characterized by low premium, high life insurance coverage and a vast package of benefits offered by them. Add to this package, section 80C benefit and section 10(10D) benefit on the maturity proceeds, you will find investment on LIC plans one of the most coveted investment options available to you.

LIC has  been established by an act of the Parliament and started functioning from 1/9/1956.

 

Our Mission

To help people manage the risks of everyday life, recover from the unexpected and realize their dreams.

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