LIC - Life Insurance Corporation

Life Insurance Corporation of India, LIC is Indian Government owned and operated insurance group headquartered in Mumbai, currently with 113 divisional offices and 2,048 branches all over India

History

Life Insurance company is initially came from British to India in 1818. Oriental Life Insurance Company started by Europeans in Calcutta was the first life insurance company in British India. All the companies established during colonial period were brought up with the needs of Europeans and Indians the people who are actually looking insurance and were not being insured by these companies. Later with the efforts of eminent people like Babu Muttylal Seal, the foreign life insurance companies started insuring Indian lives.

The Bombay Mutual Life Assurance Society, formed in 1870, was the first native insurance provider for indians. Other insurance companies established in the pre-independence era are

Postal Life Insurance (PLI), 1884
Bharat Insurance Company (1896)
United India (1906)
National Indian (1906)
National Insurance (1906)
Co-operative Assurance (1906)
Hindustan Co-operatives (1907)
Indian Mercantile
General Assurance
Swadeshi Life (later Bombay Life)
Sahyadri Insurance (Merged into LIC, 1986)

LIC Products

LIC offers insurance plans, pension plans,

LIC Customer Care

use 1251 from mobile/customerzone_< city >@licindia.com for enquires and complaints

LIC Merchant Login - Agent/Customer Care

Life insurance corporation provides lic merchant login to customers and agents to get access to the account information and policy details

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Founded1 September 1956
HeadquartersMumbai, Maharashtra, India
ProductsLife insurance, health insurance,
ServicesFinancial Services
PeopleS.K Roy (Chairman)
OwnedbyGovernment of India
CompetitorsSBI Life Insurance, Sahara Life Insurance, HDFC Standard Life
Employees1,19,767
Websitelicindia.in
Facebookfacebook.com/LICIndiaForever
Twittertwitter.com/licindiaforever
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