Life Insurance Corporation of India was created on 1956-09-01.
The population of Life Insurance Corporation of India is 115,966.
You can get licence for both life and general business from IRDA for which you are to apply at the time of opting for fresh licence and/or at the time of renewal.
Cotton Corporation of India was created in 1970.
Food Corporation of India was created in 1964.
Cement Corporation of India was created in 1965.
British India Corporation was created in 1956.
Shipping Corporation of India was created in 1961.
Uranium Corporation of India was created in 1967.
Life Insurance Corporation (LIC)
The Life Insurance corporation (LIC) has about 75% of the life insurance market. It has the lowest claims rejection rate.
Axis bank is a private sector bank that is not owned by the government of India. A number of Insurance companies in India together own this bank. They are:Unit Trust of IndiaLife Insurance Corporation of IndiaGeneral Insurance Corporation LtdNational Insurance Company LtdThe New India Assurance CompanyUnited India Insurance Company andThe Oriental Insurance Corporation