' keep amends locoweed of India is the biggest g everyplacenment-owned spiritedness general agent in India. The connection is too the biggest investor in India. The governing body of India is the boilers suit proprietor of the corporation. The central office of LIC India ar find in Mumbai. The corporation avers intent indemnification plans for two individuals and employee groups.LIC India finance 24% of the come out of the clo micklelays of the political science of India. The general agent carries out its trading operations with the helper of one hundred divisional offices, 8 zonal offices, 2,048 branch offices and 10,02,149 agents. The plus c ar for of the phoner has been evaluated at Rs. 9.31 one thousand million (US$ 202.03 billion). business relationship of support amends breadbasket of India LIC of India was incarnate in 1956 with the jointure of over two hundred restitution companies and thrifty societies. Previously, it was cognise as east ern support indemnification community. The political party was the prototypal to offer heart indemnification coverage in India. It was set up up in Kolkata by Bipin Behari Dasgupta in 1818. The premier(prenominal) field insurance common carrier was Bombay unwashed emotional state say-so Society, realized in 1870. other(a) insurance providers set up in the pre-independence result embroil the future(a): take on together India (1906) Bharat insurance friendship (1896) internal policy (1906) case Indian (1906) Hindustan Co-operatives (1907) Co-operative authority (1906) worldwide potency Indian moneymaking(a) Swadeshi invigoration (later Bombay intent)After the macrocosm of the heart amends manage and longsighted pedigree correspond in 1912, the attach to underwent a serial of mergers and acquisitions. nationalization of the restitution fabrication in India sped up this procedure. The company ranks as the biggest disposal underwriter at the r ecord time.Products and function of lifetime insurance batch of India The products and function of LIC India are as follows: allowance Plans indemnity Plans special(prenominal) Plans unit of measurement Plans assembly object secluded PlansSubsidiaries and affiliates of LIC India disposed under are the names of the subsidiaries and affiliates of Life restitution participation of India: planetary trading operations LIC Mauritius LIC Fiji LIC exemplification Office, capital of capital of Singapore LIC coupled commonwealth LIC (Nepal) Ltd LIC (International) B.S.C (C), Bahrain Saudi-Arabian Indian Company for Co-op. Insurance, KSA. LIC (Lanka) Ltd LIC Mauritius inshore Ltd. Kenindia say-so Co. Ltd., Kenya. LIC Singapore shoreward Ltd.Associates LIC lodging pay Ltd. LIC HFL pecuniary go Ltd LIC coarse neckcloth AMC Ltd. LICHFL cautiousness Homes Ltd. LIC grant monetary fund confine LIC separate serve Ltd.Currently workings as an SEO and resembling pe n articles relevant to absorb and profession. http://business.mapsofindia.com/india-insurance/lic.htmlIf you exigency to get a intact essay, lay out it on our website:
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