India largest life insurance company, The Life Insurance Corporation (LIC) of India, has footprints across the country and its market share continues to make it the dominant player in the life insurance industry. It has an unmatched reach with 8 Zonal Offices, 113 divisional offices, 2,048 Branch offices, 1,408 Satellite Offices & 1,238 Mini Offices . LIC draws its strength from over 1.15 lakh employees and more then 1.13 million agents.
The Corporation’s figures speak for themselves. In the financial year 2016-17, LIC sold over 20.131 million new policies and occupying more than 76.09% Market share. It has the largest customer base of about 290 million policyholders and its asset base is more than a mammoth Rs 2572028.34 crore. The valuation surplus runs into more than Rs 49,881.60 crore, of which, nearly Rs 2,494.08 crore is given to the Central Government as dividend. So, what better reason can you have for associating yourself with such a big and growing organization!!