What is LIC Gwalior?
LIC is stand for Life Insurance Corporation and is a leading financial services company based in India. The company was initiated on September 1, 1956. It is wholly owned and operated by the Indian Government. Debashish Sen is the managing director of the company. Life Insurance Corporation has its corporate headquarters in Mumbai, Maharashtra, India. It operates business through various subsidiaries namely LIC Housing Finance, LIC International, LIC Cards Services, LIC Pension Fund Ltd and LIC Nomura Mutual Fun. With a growing asset of nearly US$260 billion, LIC is the largest life insurance company in the country.
The company has a widespread network of nearly 212 branch offices, 33 divisional offices and 5 zonal offices spread across the nation. Approximately 115,966 efficient and skilled employees are working in this firm. Life Insurance Corporation provides its wide range of products to individuals and groups. The company offers a wide range of products such as Life and health insurance, mutual fund, investment management and many more.