Why Choose LIC Policy ?

Market share


Claim Settlement Ratio

98.62 %

India Presence

3700+ Offices

International Presence In

14 Countries

Total Individual Policies

28.62 Crores

Assets Under Management

₹41 Lakh Crores


₹43 Lakh Crores

Life Insurance Corporation of India (LIC) is the leading and most trusted Insurance company in India, headquartered in Mumbai. LIC is the largest government- owned insurance provider and is the strongest global brand in the whole. LIC has its presence in every nook & corner of the country, Operating efficiently with latest technology & digitization through its strong distribution of networks. Only LIC policy has sovereign guarantee by Government of India, thus Policyholders money is protected and are in safe hands.

Important Facts about LIC of India

  • LIC's claim settlement ratio is higher than other private insurance brands and this is to the advantage of clients like you who can get your claims settled without any problems. In fact LIC holds the world record in settlement of Claims
  • LIC offers an unbeatable range and combination of products designed to meet customer's financial goals and offer excellent returns
  • LIC is the market leader (75% market share) with an active customer base of over 28.62 crores
  • Only LIC policies are guaranteed by Government of India.
  • LIC was established with a mission and vision to improve the quality of people's life through financial security

As a value-added partner of such a large brand, we are very confident in Life Insurance Corporation of India's ability to deliver added value for our customers and we encourage them to start investing with LIC as soon as possible. We believe that Life Insurance Corporation of India is a great choice for our customers and we want to make sure they know they will always be in good hands with LIC.


We would be very happy to help you with your insurance needs by the most trusted insurance brand in India.


LIC Policy holders enjoy sovereign guarantee by Govt. of India

LIC policyholders enjoy a sovereign guarantee on the sum assured and the bonus declared as per section 37 of LIC Act, 1956 which clearly states that "Policies to be guaranteed by Central Government - The sum assured by all policies issued by the corporation including any bonuses declared in respect thereof and, subject to the provisions contained in section 14 the amounts assured by all policies issued by any insurer the liabilities under which have vested in the corporation under this act, and all bonuses declared in respect thereof, whether before or after the appointed day, shall be guaranteed as to payment in cash by the Central Government."