Jan 05, 2016 11:06 AM
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(Updated Jan 05, 2016 11:06 AM)
LIC is the only public sector Life Insurance Company in India. The company was formed in September 1956.
According to experience of mine it 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.All I can say is I will recommend this definately.thank you.
