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About Us

LIC

  • 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 computerized) 1275 satellite offices, more than 1.16 lac employees and 11.72 lac agents.
  • LIC policy for all segment.
  • Transparency operations.
  • Best practices in the industry.
  • Excellent claim settlement ratio.
  • Sovereign guarantee to customers.

2014-2015

  • Country's Largest Insurer Life Insurance Corporation Of India (LIC of India) has paid Rs. 1,803.05 Crore to the Government of India as Dividend for FY 2014-15.
  • LIC had declared a Valuation Surplus of Rs. 36,060.41 Crore for the FY 2014-15 against Rs. 32,685.21 Crore for FY 2013-14.
  • LIC has received a Total Premium Income of Rs. 2,39,667.65 Crore for the FY 2014-15 against Rs. 2,36,942.30 Crore for FY 2013-14.
  • The Total Life Fund of LIC stood at Rs. 18,24,194.95 Crore for FY 2014-15 against Rs. 16,07,024.98 Crore for FY 2013-14.
  • The Total Assets of LIC rose to Rs. 20,31,116.08 Crore for FY 2014-15 against Rs. 17,62,112.19 Crore for FY 2013-14.
  • LIC settled more than 2.32 Crore claims for an aggregate amount of over Rs. 90,458.16 Crore for FY 2014-15.

Awards Won By LIC of India in FY 2014-15