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Apr 4, 2016

Proud to be LICIAN...

LIC is the Single largest Insurance Company in the world with 30 Crores policyholders.

SBI Bank's Profit
Rs 86,000 Crores with
16000 Branches.
&
LIC's Profit
Rs 326000 Crores with
only 2000 Branches
+ 3000 Satellite Offices.

It means Benefit to Policyholders of cash rich company.

Share market fall LIC purchase, make profits and it goes to policyholders.

In 2008 LIC's  Life Fund was
Rs 7 Lac Crs.
In 2013 LIC's  Life Fund is
Rs 14 Lac Crs.

It means Benefit to Policyholders -
Claims settles immediately from LIC.

LIC has not taken single loan from any bank in last 56 years.
Instead all banks have taken loan from LIC.

Every day collection of LIC  is
Rs 300 Crs.

Profit from International Operation is
2.65 million dollarss
(Rs 16000 Crs).

Proud to be LICIAN...

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