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Presented by Ankit Kachhara Shashank Makhija

Presented by Ankit Kachhara Shashank Makhija Zindagi ke saath bhi,Zindagi kebhi,Zindagi baad bhi Zindagi ke saath ke baad bhi

History
Founded on 1st September 1956 It was founded in 1956 with the merger of 243 insurance companies and provident societies LIC owned by government of India Its headquarter is in Mumbai LIC of India currently has 8 zonal Offices and 113 divisional offices located in different parts of India The slogan of LIC is "Zindagi ke saath bhi,Zindagi ke baad bhi"

Current status
Total assets 13.25 trillion (US$295.48 billion) It also funds close to 24.6% of the Indian Government's expenses Subsidiaries : LIC Housing Finance Limited LIC(Nepal) Limited LIC(Lanka) Limited LIC(International) Limited

SUBSIDIARIES
1. Life Insurance Corporation of India International: This is a joint venture offshore company promoted by LIC which commenced operations in July, 1989 with the objectives of offering US$ denominated policies to cater to the insurance needs of NRIs and providing insurance services to holders of LIC policies currently residing in the Gulf

Cont.
2. LIC Nepal: A joint venture company formed in 2001 with the Vishal Group of Industries, Nepal. 3. LIC Housing Finance: Incorporated in 19 June 1989, its main objective is to provide long term finance for construction or purchase of houses or apartments. It has a Dubai office

Cont..
4. LIC Lanka: A joint venture company formed in 2003 with the Bartleet Group of Companies, Sri Lanka. 5. LICHFL Care Homes: A wholly owned subsidiary of LIC Housing Finance, it builds and operates "Assisted Community Living Centres" for senior citizens.

Products
Insurance Plans Pensions Plans Unit Plans Special Plans Withdrawn Plans

Investment
Mutual fund Govt. bond Equity market Commodity market

Investment
Infrastructure HOUSING POWER ROAD, PORT & BRIDGES OTHERS