If there’s one thing that
hasn’t changed in India for the past 50 years, it’s the trust and confidence
the people of India have in LIC. For, providing better and innovative
insurance services is a policy that LIC has always followed. No matter who
you are, where you are or what you do, LIC understands your needs and offers
over 50 insurance and pension plans that can meet them. Today, over 08 Lakh
agents and 2048 computerized branches reach out to people even in the
remotest parts of this country to offer a secure future.
Whatever changes the future may
bring, you can rest assured that LIC’s policy to serve you better will never
change.
Objectives of LIC
Spread Life
Insurance widely in Urban & Rural areas and to the socially and economically
classes people with a view to reaching all insurable persons in the country
and providing them adequate financial cover against death at a reasonable
cost.
Maximize mobilization of people's savings by making
insurance-linked savings adequately attractive.
Bear in mind, in the investment of funds, the primary
obligation to its policyholders, whose money it holds in trust, without
losing sight of the interest of the community as a whole; the funds to be
deployed to the best advantage of the investors as well as the community as
a whole, keeping in view national priorities and obligations of attractive
return.
Conduct business with utmost economy and with the full
realization that the moneys belong to the policyholders.
Act as trustees of the insured public in their
individual and collective capacities.
Meet the various life insurance needs of the community
that would arise in the changing social and economic environment.
Mission
"Explore and enhance the quality of life of people through financial
security by providing products and services of aspired attributes with
competitive returns, and by rendering resources for economic development."
Vision
“A trans-nationally
competitive financial conglomerate of significance to societies and Pride of
India.”
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.
