Life Insurance Corporation of India (LIC)

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Term Insurance Plans LIC Anmol Jeevan LIC Amulya Jeevan LIC Two Year Temporary Assurance Policy LIC Convertible Term Assurance Policy LIC Mortgage Redemption Plan Compare Term Plans             Whole Life Plans LIC Jeevan Anand LIC Whole Life Policy LIC Whole Life Policy – Limited Payment LIC Whole Life Policy – Single Premium LIC Jeevan Tarang Joint Life Plan LIC Jeevan Saathi Money Back Plans LIC Money Back Policy 20 years LIC Money Back Policy 25 years LIC Jeevan Surabhi 15 years LIC Jeevan Surabhi 20 years LIC Jeevan Surabhi 25 years LIC Bima Bachat Compare Money Back Plans            Endowment Plans LIC Jeevan Anand LIC Jeevan Amrit LIC New Janaraksha Plan LIC Endowment Assurance LIC Endowment Assurance (Limited payment) LIC Jeevan Mitra LIC Jeevan Vaibhav Plan - SP* LIC Jeevan Sugam Plan - SP* New Launch   Compare Endowment Plans	Child Plans LIC Jeevan Ankur LIC Komal Jeevan LIC Jeevan Anurag Plan LIC Child Future Plan LIC Jeevan Chhaya LIC Jeevan Kishore LIC Child Career Plan LIC Marriage / Education Annuity Plan LIC Children Deferred Endowment (Vesting at 18) LIC Children Deferred Endowment (Vesting at 21) Compare Child Plans Unit Linked Insurance Plans - ULIPs LIC Endowment Plus LIC Flexi Plus Plan - New Pension Plans LIC New Jeevan Nidhi LIC Jeevan Akshay 6 - Annuity Variable Insurance Plans LIC Bima Account 1 LIC Bima Account 2   Health Plans LIC Jeevan Arogya LIC Health Protection Plus Other Plans LIC Jeevan Saral LIC New Bima Gold LIC Jeevan Pramukh – for high net-worth individuals LIC Jeevan Shree 1 – for high net-worth individuals LIC Jeevan Vishwas - for handicapped dependents LIC Jeevan Aadhar – for handicapped dependents LIC Jeevan Bharti - Special Plan for Women
SP* - Single Premium Plan
Withdrawn Plans: ULIPs- LIC Samridhi Plus Retirement- LIC Jeevan Nidhi, LIC Pension Plus, LIC New Jeevan Suraksha 1, LIC New Jeevan Dhara 1 Endowment - LIC Jeevan Vriddhi - SP*

 
Life Insurance Corporation (LIC) of India is the only public sector Life Insurance Company in India. The company was formed in September 1956.

LIC was formed in 1956 with the merger of more than 200 insurance companies and provident societies. Since then they have been among the most trusted brands in India providing insurance solutions to even the remotest corners of India through their huge network of agents and distributors. It was only in 2001 that the private sector was allowed into the insurance sector in India. LIC has maintained its dominant leadership status even with the presence of 22 other life insurance companies.

LIC is the largest life insurance company in India with a huge presence in both urban and rural markets. Its distribution is unmatched and has a strong agent force which reaches out to every small town in India ensuring that their products are being offered to one and all in the country. The insurance products of LIC are often the most simple and consumer friendly and it is displayed by the enormous response it gets to the launch of any new product. LIC has an insurance product for almost any need - from protection, savings and investments, micro-insurance plans to special plans for women and even for handicapped individuals. The insurance agents of LIC have been the backbone of the company for long and their agent network keeps getting bigger by the day.

D K Mehrotra is the Acting Chairman of Life Insurance Corporation of India

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