• LIC full form is Life Insurance Corporation.
  • LIC is the largest and most profitable life insurance company in India started in 1956.
  • It has A minority stake in almost all Indian banks and companies like TCS, Reliance.
  • Government owned LIC started with 5 crore Capital after merging 245 private companies.
  • Its 15 storied building in Chennai was tallest in India When it was inaugurated in 1959.
  • Its slogan “yogakshemam vahamyaham” means “your welfare is our responsibility.”
  • As of 2019, Lic has a total asset of rs 531 lakh crore and has presence in 7 countries.

By Admin