LIC Email Format
InsuranceMaharashtra, India10001+ Employees
LIC is a state-owned public sector life insurance company headquartered in Mumbai, Maharashtra, India. It is described as the largest financial institution and life insurance organization in the country, supported by a network that includes a central office in Mumbai, eight zonal offices, 109 divisional offices, 2048 fully computerised branches, and 992 satellite offices in rural areas. It was established by Parliament through the Life Insurance Corporation Act of 1956, with its operations beginning on September 1, 1956, following the nationalisation of 245 Indian and foreign insurers and provident societies. The company offers more than 40 plans covering basic life insurance options such as whole life, endowment, and money back, as well as term assurance, pension, capital-market linked plans, and health plans. It serves a broad customer base across India, including rural communities reached via satellite offices.