Life Insurance Corporation of India

Life Insurance Corporation of India (LIC) is a state-owned insurance and investment corporation in India. It was established in 1956 under the Life Insurance of India Act that nationalised the insurance industry in the country. The company has a central office in Mumbai ,with 8 zonal offices,109 divisional offices, 2048 fully computerised branches and to serve rural people. LIC has now opened 992 satelite offices in rural areas.

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