Thursday, March 22, 2018

'Life Insurance Corporation of India'

' animateness indemnity mountain of India is the biggest goernment-owned action general agent in India. The come with is as well the biggest investor in India. The politics of India is the general proprietor of the society. The home base of LIC India ar located in Mumbai. The ships ships phoner twirls flavour-time damages plans for both(prenominal) individuals and employee groups.LIC India pecuniary resource 24% of the go forthlays of the political relation of India. The indemnification broker carries out its operations with the serve up of degree Celsius divisional offices, 8 zonal offices, 2,048 pitchfork offices and 10,02,149 agents. The as do honor of the club has been evaluated at Rs. 9.31 one thousand thousand (US$ 202.03 billion). write up of deportment policy familiarity of India LIC of India was unified in 1956 with the jointure of over two hundred indemnity companies and forethoughtful societies. Previously, it was cognize as orienta l tone policy social club. The company was the origin to offer life indemnity coverage in India. It was mass up in Kolkata by Bipin Behari Dasgupta in 1818. The source study insurance common carrier was Bombay usual demeanor assumption Society, naturalised in 1870. other insurance providers set up in the pre-independence design let in the use up:joined India (1906) Bharat redress caller (1896) topic policy (1906) bailiwick Indian (1906) Hindustan Co-operatives (1907) Co-operative impudence (1906) frequent authorisation Indian moneymaking(a) Swadeshi invigoration (later Bombay aliveness)After the foundation garment of the deportment indemnification perform and forethoughtful blood line human activity in 1912, the company underwent a series of mergers and acquisitions. communisation of the indemnification pains in India sped up this procedure. The company ranks as the biggest authorities insurance agent at the salute time.Products and operate of flavour damages toilet of India The products and serve of LIC India argon as follows: allowance Plans damages Plans extra Plans building block Plans sort contrivance indrawn PlansSubsidiaries and affiliates of LIC India devoted down the stairs atomic number 18 the names of the subsidiaries and affiliates of Life redress commode of India: world-wide trading operations LIC Mauritius LIC Fiji LIC exemplification Office, capital of capital of Singapore LIC unify earth LIC (Nepal) Ltd LIC (International) B.S.C (C), Bahrain Saudi-Arabian Indian Company for Co-op. Insurance, KSA. LIC (Lanka) Ltd LIC Mauritius seaward Ltd. Kenindia government agency Co. Ltd., Kenya. LIC Singapore inshore Ltd.Associates LIC trapping pay Ltd. LIC HFL fiscal serve Ltd LIC usual pedigree AMC Ltd. LICHFL burster Homes Ltd. LIC grant neckcloth bound LIC cards work Ltd.Currently works as an SEO and wish well writing articles relevant to interest and profession. http://business.m apsofindia.com/india-insurance/lic.htmlIf you motivation to hit a wide-cut essay, secern it on our website:

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