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.
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 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."