Insurance Employer
Best Workplaces
Jobs in India

Life Insurance Corporation of India

Life Insurance Corporation (LIC) came into existence on 1st September 1956 through the amalgamation of 154 Indian insurance companies, 16 non-Indian companies and 75 provident. The LIC was created with the goal of reaching all the insurable people in the country and providing them financial coverage at a reasonable price. At present, LIC boasts of having a customer base of 220 million.

LIC, which started its business with 300 offices, 5.6 million policies and a capital of INR 459 million has grown up to 2,048 offices servicing around 180 million policies and a capital of over INR 3.4 trillion.
The organization now comprises 2048 branches, 100 divisional offices and 8 zonal offices, and employs over 1 million agents. It also operates in 12 other countries, primarily to cater to the needs of Non Resident Indians. Recently, it has won the award of Most Trusted Brand - 2007 presented by Reader's Digest.