LIC of India - Insurance company

In this article you will come to know what is LIC of India and what is Insurance company's business function also how many types of insurances etc.

Life Insurance corporation of India is a Government undertaken company, its business involvements are various insurance scheme and insurance product releasing, following up and improving its customers' basic monetary helpness.

LIC has many insurance scheme, it has for Individual and it insures for Group also it insures for Company and Other moveable and immovable properties, the best insurance company recommended is LIC that guarnatees safer return upon investment maturity to either insurer or nominee. Since it is Government undertaking and well known with trust in India, Generally people would like to insure with LIC for safety purpose. There are few well established private insurance companies are there and they have lot of customers and has no issue in their service and commitment.

The well known private insurance companies are such as Reliance Insurance, ICICI group, HDFC Insurance, Adity Birla insurance, Metlife insurance and other few who render their best services to its customer.

LIC always cautious for what they release their product, and other few private insurance companies collaborate with few foreign insurance companies to mark them as a high standard, they succeed too.

Insurance company used to invest customer funds into various projects for national or private sector that gives huge benefit and rotation of the business and its principle that helps to recover their benefit and share with their customer.

More articles: General Insurance


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