LIC - Life Insurance Corporation of India
Life Insurance Corporation of India is an Indian statutory insurance and investment corporation. It is under the ownership of Ministry of Finance, LIC envisages your individual insurance needs and renders plans that suit you best. The dual advantage of protection and savings, integrated with financial assistance keep you insured lifelong. It is one of the oldest Life Insurance company in India. LIC stands for Life Insurance Corporation of India. It started its operations as a corporate firm in September 1956 after the Life Insurance of India Act was passed by India's Parliament in June 1956. ... It is one of the largest financial institutions in India.
LIC - INSURANCE PLANS
- As individuals it is inherent to differ. Each individual's insurance needs and requirements are different from that of the others. LIC's Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement.
LIC - PENSION PLANS
Pension Plans are Individual Plans that gaze into your future and foresee financial stability during your old age. These policies are most suited for senior citizens and those planning a secure future, so that you never give up on the best things in life.
LIC - UNIT PLANS
Unit plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.