Our Associations

Life Insurance
Corporation of India
Agency code: 82003194

 

            1513552

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Why Do We need Insurance?

Need for yourself, your family & for whom you care the mostﳰan>

 

It is indeed to great honor & a matter of privileged excellence for Lifelong Care Insurance Consultants Pvt. Ltd. to get associated with the LIC group in one of the fastest growing sectors in India 좾LIFE INSURANCE

 

The Life Insurance Corporation (LIC) is a Corporate autonomous body. It has been established by an Act i.e. L.I.C. Act 1956. The insurance business was nationalized with an object to spread the message of insurance to the nook and corners of the country aiming absolute security of the money contributed by the insuring public, cheaper premium rates & dependable service.

 

 

The Corporation has its Central Office at Mumbai with seven Zonal offices and 100 divisional offices. It has 2048 Branches spread in every nook and corner of the country. With the globalization of industry and trade, central Govt. has introduced several initiatives covering industry, fiscal management, trade policy and capital account in the year 2000-2001. The Insurance Regulatory and Development Authority has been established and the insurance sector has been opened up for corporate Houses, financial institutions, Bank & NBFCs. Now LIC has to face competition with these companies.

 

 

At the industry level, along with the Government and the GIC, it has helped establish the National Insurance Academy. It presently transacts individual life insurance businesses, group insurance businesses, social security schemes and pensions, grants housing loans through its subsidiary; and markets savings and investment products through its mutual fund. It pays off about Rs.6,000 crore annually to 5.6 million policyholders.

 

 

Lifelong Care Insurance Consultants Pvt. Ltd. has joined hands with the LIC group to provide the best Insurance facilities to the masses by associating themselves as a Registered Corporate Selling Agent to promote its products through its team of Specified Persons.