LIC India Term Insurance Plans-lic-india-term-insurance-plans

LIC was established through the Life Insurance Corporation Act passed by the Parliament of India on 1st September 1956 as a sole life insurance provider in the Indian insurance sector. This makes LICI the oldest and the most trusted Life Insurer in the insurance sector. Among 28 insurance companies in the insurance sector, LICI still enjoys the major part of the market share through an experience of years of efficient service. The company currently has a huge customer base comprising of more than 250 million people and is still providing excellent quality of service standards. The range of products the company offers include different types of term plans, Child Plans, traditional saving plans, ULIPs and pension plans.