About Life Insurance Corporation of India

Life Insurance Corporation of India (LIC) is the largest insurance company in India, established in 1956. As of 2023, LIC holds a market share of approximately 69.91% in the life insurance sector. The company reported a profit of ₹104.61 billion for the first quarter of FY25, marking a 9.6% increase year-on-year. Key offerings include:

• Life Insurance Products: A variety of plans including term life, whole life, and endowment policies.

• Health Insurance: Coverage options for individuals and families.

• Pension Plans: Retirement savings solutions.

• Group Insurance: Policies for corporate clients to cover employee benefits.

LIC is focusing on expanding its portfolio with higher-margin non-participating policies and has plans to acquire a majority stake in a health insurance company to enhance its offerings further

Countries

Contact

Support Number

+912268276827

Address

Yogakshema', Jeevan Bima Marg, Nariman Point, Mumbai 400021

Website

licindia.in

Facebook Url

Life Insurance Corporation of India

X (Formerly Twitter) Url

@Life Insurance Corporation of India

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