LIC Solvency Ratio Trend 2005 to 2023

LIC of India has a solvency ratio of 1.85 as of March 2022. LIC is a public sector and financially a well stable company. Solvency ratio is a very important factor to consider while selecting an insurer. IRDAI publishes the solvency ratio of LIC on quarterly basis (i.e. June, September, December and March) in their … Read more

LIC Claim Settlement Process online and offline

Started operations in 1956, LIC of India is India‚Äôs largest, oldest and most trusted insurance and investment company. It is governed by the Government of India. LIC Claim Process Overview LIC provides a simple and quick free claim settlement process. It has 98.62% of claim settlement ratio in the FY 2020-21. The company offers only … Read more

LIC Dhan Sanchay Plan 865 Review, Features & Benefit

LIC Dhan Sanchay is a newly launched non-linked, non-participating, individual life insurance savings Plan. Offers a combination of savings and protection at the same time. Provides financial support to the family in case an unfortunate death of the life assured during the policy term. Plan Name LIC Dhan Sanchay Table No. 865 UIN No. 512N346V01 … Read more

Life Insurance Corporation of India LIC

Life Insurance Corporation of India Overview : Started operations on 1st September 1956, LIC is an insurance and investment company by Government of India. LIC of India is the largest, oldest and most trusted insurance brand in India with 13.5 lakhs active agents. LIC IPO is coming soon. They have products like term plans, pension … Read more