Best LIC Plans to Buy in 2022- An Expert Guide

Life Insurance Corporation (LIC) is a state-owned life insurance company that was established in India in 1956. It is the largest insurance provider in India and is headquartered in Mumbai. LIC is responsible for providing life insurance coverage to millions of individuals across the country, with its network of over 2,048 branches and more than 1.2 million agents.

LIC offers a wide range of life insurance products, including term plans, endowment plans, money-back plans, unit-linked plans, and pension plans. These products are designed to cater to the diverse needs of individuals and provide financial protection to their loved ones in case of any unfortunate event.

The company is known for its reliability, trustworthiness, and prompt customer service. LIC has been serving the insurance needs of the Indian population for more than six decades and has built a reputation for its strong financial stability and excellent track record of claim settlement.