I am a Life Insurance Consultant working with Indias most trusted brand Life Insurance Corporation of India.
LIC is Indias Largest & Oldest Insurance Company which Sold more than 30 Crore policies.
The approximate asset value of LIC of India is ₹ 42,30,616 Crore.
LIC has the Worlds best claim settlement ratio, In 2021-2022, LIC settled 267.23 lakh claims amounting to Rs.1,92,568 Crores. LIC offers every type of product with both safety and security for all age groups. If listed on the stock markets LIC would be Indias most valued company beating giants like Reliance Industries & TCS. LIC is one of the biggest contributors of funds for Infrastructure and Nation buildings like the construction of dams, bridges and highways.
LIC policies offer both insurance and investment options for individuals and organizations. Here are some of the ways LIC policies can be used for both insurance and investment
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