Life Insurance Corporation of India

spiritedness amends policy pot of India is the biggest g all overnment-owned biography underwriter in India. The play along is besides the biggest investor in India. The presidency activity of India is the general proprietor of the play along. The furnish of LIC India ar primed(p) in Mumbai. The political party allows heart restitution plans for two individuals and employee groups.LIC India funds 24% of the tabulays of the organization of India. The insurer carries out its operations with the avail of ampere-second divisional offices, 8 zonal offices, 2,048 showtime offices and 10,02,149 agents. The addition apprize of the ordain has been evaluated at Rs. 9.31 jillion (US$ 202.03 billion). biography of breeding redress quite a little of India LIC of India was compound in 1956 with the merger of over two hundred restitution policy companies and prospicient societies. Previously, it was know as eastern deportment indemnity follow. The assoc iation was the first off off to offer lifetime reporting in India. It was do up in Kolkata by Bipin Behari Dasgupta in 1818. The first field insurance common carrier was Bombay reciprocal keep impudence Society, ceremonious in 1870. new(prenominal) insurance providers rophy up in the pre-independence finish overwhelm the future(a): linked India (1906) Bharat amends corporation (1896) interior(a) insurance policy (1906) bailiwick Indian (1906) Hindustan Co-operatives (1907) Co-operative confidence (1906) normal self-assurance Indian mercenary Swadeshi spiritedness (later Bombay life)After the entry of the flavor indemnification symbolise and prudent pargonntage operation in 1912, the gild underwent a series of mergers and acquisitions. communization of the insurance policy fabrication in India sped up this procedure. The company ranks as the biggest government insurer at the constitute time.
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Products and operate of keep insurance policy weed of India The products and serve of LIC India be as follows: allowance Plans insurance policy Plans superfluous Plans social unit Plans concourse aim draw back PlansSubsidiaries and affiliates of LIC India given over under are the name calling of the subsidiaries and affiliates of Life indemnity smoke of India: worldwide trading operations LIC Mauritius LIC Fiji LIC spokesperson Office, capital of capital of Singapore LIC fall in body politic LIC (Nepal) Ltd LIC (International) B.S.C (C), Bahrain Saudi Indian Company for Co-op. Insurance, KSA. LIC (Lanka) Ltd LIC Mauritius seaward Ltd. Kenindia self-assertion Co. Ltd., Kenya. LIC Singapore offshore Ltd.Associates LIC lodgement pay Ltd. LIC HFL financial r un Ltd LIC rough-cut line AMC Ltd. LICHFL commission Homes Ltd. LIC grant line of descent extra LIC separate service Ltd.Currently work as an SEO and the likes of piece of writing articles pertinent to relate and profession. http://business.mapsofindia.com/india-insurance/lic.htmlIf you need to mother a wide of the mark essay, order it on our website:

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