Few points for people in India , why LIC is most preferred insurance company over others :
- Life Insurance Corporation (LIC) is a public sector life insurance company backed by Government of India
- It is the largest insurance company in India. Its estimated value is around Rs. 1560482 crores.
- LIC has been declared as a Superbrand, the most respected universal seal for ensuring excellence in India and internationally after it's contribution in the financial sector since 1956 as a financial conglomerate providing services such as financial plans, pension plans, housing finance, mutual funds, credit cards, micro-insurance plans, etc.
- Highest claim settlement ratio at 97.7%
- Un-matchable market share of around 55% in insurance industry
- As per wiki page -http://en.wikipedia.org/wiki/Life_Insurance_Corporation_of_India , there are more than thirteen lakh agents of LIC in India far greater than any other company
- As of 2013 it had total life fund of Rs.1433103.14 crore , so there is no risk in investment.
- Voted India's Most Trusted brand in the BFSI category according to the Brand Trust Report for 4 continuous years - 2011-2014 according to the Brand Trust Report
- All LIC features such as status check, premium payment can be done online , making it very customer friendly.
To know more about LIC , please browse the website : www.licinsuranceindia.in
No comments:
Post a Comment