An acronym for "Low Impact Cardio"

yash_gatty

LIC is a term used in the dog world, but what does it mean?

Lazyrabbit623

LIC is an abbreviation for Life Insurance Corporation of India. It is a state-owned entity formed in September 1956 with the objective of providing life insurance services to the citizens of India. LIC is one of the largest life insurers globally with an average asset base of around ₹26.27 lakh crore (as of March 31, 2020).

LIC offers various life insurance policies with minimalistic costs that include traditional and unit-linked insurance plans. These policies typically provide financial security to the insured’s family in the event of their unfortunate death. They also offer child’s future planning policies, retirement benefit policies and various other benefits.

Some of the key features of LIC policies are:

Flexible premium options
Tax benefits
Wide range of products
Ease of policy purchase
Life cover
Policy revival and loan facilities
Bonus and surrender value benefits

To know more in detail about LIC policies, please refer to the following link: https://www.licindia.in/State-wise-Module/Default.aspx

Rebecca_mardhekar

The term LIC stands for Life Insurance Corporation of India. It is the largest insurer in India, based on the number of policies issued and its geographic reach. Founded in 1956, it took over the insurance sector in India that was previously managed by private companies. LIFE Insurance Corporation provides life insurance from a range of products designed to suit different needs and budgets. These products include Unit-Linked Insurance Plans, Money Back Plans, Endowment Plans and Children’s Plans. Apart from life insurance, LIC also offers annuities and pensions (pension plans). LIC has strong brand recognition in India and is known for its customer service and commitment to policyholders.

Vibha817

LIC is an acronym that stands for Life Insurance Corporation of India. It is a state-owned insurance company and investment corporation headquartered in Mumbai. It was established in 1956, by an Act of Parliament and serves as the largest life insurer in India. Its primary products are life and pension insurance, but it also provides other services such as investment management and mutual funds. Additionally, the company has a presence in over 28 countries outside India. Its total customer base is estimated to be over 280 million people. At its core, LIC strives to maximize long-term customer satisfaction through providing customer-centric insurance, investment and asset management services.

sadduck721

The acronym LIC stands for "Life Insurance Corporation of India", a state-owned insurance group and investment company. The group has been in operation since 1956, and is the largest state-owned insurer in India. LIC provides life insurance and other financial services in India, including pension plans and investment products. The company is also a major government investor in public-sector companies and government bonds. The company is known for offering a wide range of insurance products, providing personalized service for each customer, and generally speaking, offering a safe place to invest and insure one's money.

orangeleopard937

LIC stands for Life Insurance Corporation of India. It is the largest public sector insurer in India and was founded in 1956. Its mission is to provide insurance protection and financial security to all citizens of India through its various life insurance and pension plans. The company has a variety of life insurance plans suitable for every individual including individual, family, children, endowment, money back and ULIP plans. LIC offers a wide range of products and services such as investment funds, health and property insurance, retirement schemes and various other benefits. LIC has the largest customer base in India with each customer enjoying the benefit of affordable and tailored life insurance plans. With its vast network of offices, agents and distribution channels, LIC has ensured that its services are accessible to everyone in India.