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ilic is a govt. corp. coz it is created by a act passed by parliament that is insurance act.

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12y ago

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Is lic is government?

Yes it is ...! Life insurance corporation of india.


Is LIC government Corporation or Private?

The Life Insurance Corporation of India (LIC) is a government-owned corporation. It was established in 1956 and is fully owned by the Government of India. LIC plays a significant role in the country's insurance sector and operates as a public sector entity, providing various insurance and investment products to the public.


LIC MF IS it a governmental company?

It is a mutual fund that was established by the Life Insurance Corporation of India, which is itself a government operation.


What does LIC stand for?

LIC stands for Life Insurance Corporation of India. It is the largest Insurance company in India.


Introduction to lic?

Life Insurance Corporation of India (LIC) is the largest insurance group and investment companyin.


Which insurance is competitive in India?

Life Insurance Corporation (LIC)


Is lic is a central government job?

Partialy, lic is autonomus orgnization.


What is the role of LIC in national buildings?

The LIC is the Life Insurance Corporation of India. The role of the LIC in nation building is to spread the message of life insurance in the country. Life insurance mobilizes and promotes saving in the country.


Lic agent project in vb with download option?

life insurene corporation


Is lic of India a government or private organisation?

lic is a corporation he certified by irda but it is a largest company of insurance so u r free u go with us and enjoy u go any company reliance life insurance is good crunent or future


What is the full form of LIC?

Life Insurance Corporation of India


What is market profile of Life Insurance Corporation of India of India?

The Life Insurance corporation (LIC) has about 75% of the life insurance market. It has the lowest claims rejection rate.