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Life insurance corporation, popularly known as lic is indian state-owned insurance group and investment company. Buy life insurance plans and policies from LIC of india avail tax benefits with multiple cover options.
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Life Insurance Corporation of India ( LIC) is an Indian public multinational public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹49.24 trillion (US$620 billion) as of March 2023. [3]
- 1 September 1956 (67 years ago)
- ₹784,889 crore (US$98 billion) (2023)
- 114,000 (2020)
- Public
2 days ago · The best life insurance for you depends upon your unique circumstances. Term life insurance is a cost-effective option for temporary coverage, while permanent life insurance (e.g. universal life insurance, whole life insurance) offers lifelong protection and potential cash value growth.
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Apr 2, 2024 · The best life insurance company for you depends on a number of factors, including your age, gender, overall health profile, and financial needs. To help you find the best insurer for your particular situation, we selected the 10 top insurance companies on the market.
Money.com 2024 Best Overall. Learn more. What is life insurance? Life insurance policies help provide security to either you or your beneficiaries after you pass away or after a designated period of time.
life insurance; financial planning; insurance industry; Term Assurance plans; Retirement Fixed Income plans; Regular Income plans; pension plans
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