LIC Branch Office in India

Life Insurance Corporation of India is an Indian state-owned insurance group founded in 1956. Life Insurance Corporation of India was created by merging over 245 insurance companies and provident societies to form the state owned Life Insurance Corporation. From the time of inception Life Insurance Corporation of India becomes the market leader in offering the life insurance plans and it serving around 350 million policies, and thus it contributes around 7% of India’s GDP. Even after the insurance sector is liberalized and opened up for the private sector in August 2000 by the Indian Government, Life Insurance Corporation of India stills continues to deliver robust performance

Interesting Facts About LIC

  1. 8 zonal offices
  2. 113 divisional offices
  3. 2,048 branches
  4. 1408 satellite offices
  5. 54 customer zones
  6. 25 metro-area service hubs
  7. 10, 46,000+ individual agents
  8. 342 Corporate Agents
  9. 109 Referral Agents
  10. 114 Brokers
  11. 42 Banks for soliciting life insurance business from the public.