4 (1) (b) (i) The Particulars of LIC of India Life Insurance Corporation of India is a statutory Corporation established under Section 3 of LIC Act, 1956. The Life Insurance Corporation of India came into existence on 1st September, 1956, with the objective of spreading life insurance more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost . From then to now, LIC has crossed many ... As an LIC policyholder, manage your insurance with ease. Access information, services, and support tailored for you. Your partner in financial security. Find the latest Life Insurance Corporation of India (LICI.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. Life Insurance · Mkt Cap: 5,66,345 Crore (down -5.20% in 1 year) · Revenue: 9,02,689 Cr · Profit: 48,725 Cr · The company has delivered a poor sales growth of 7.22% over past five years. · Tax rate seems low · Promoter Holding: 96.5%
