LIC

Jeoni Mandi, Agra

Life Insurance Corporation of India (LIC) is India's largest life insurance company, wholly owned by the Government of India. Established in 1956, it emerged from the nationalization of the private insurance industry. LIC offers a wide range of individual and group insurance solutions, including participating, non-participating, and unit-linked products. It plays a significant role in the Indian economy by investing in global financial markets and government securities after collecting funds through its insurance policies.