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LIC

“Zindagi ke Saath bhi Zindagi ke Baad bhi”

Life Insurance Corporation of India is an Indian government owned insurance and investment
corporation.
The Life insurance Corporation of India was established on September 1, 1956, when the Parliament of
India passed the Life Insurance of India Act that nationalized the insurance industry in India. Over 245
insurance companies and provident societies were merged to create the state-owned Life Insurance
Corporation of India
Vision

A trans nationally competitive financial conglomerate of significance to societies


and pride of india.
Mission

Ensure 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.
Competitors

Kotak Mahindra Life Insurance

ICICI Prudential

Birla Sun Life Insurance

Bajaj Allianz

TATA Aig
Products

Jivan Arogya Plan

Children Plan

Endowment assurance Plan

Endowment Plus

Special Money back Plan for women

Joint Life Plan

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