A review of performance of insurance company-with reference to LIC

Life insurance corporation is doing business of insurance in India since 1961. By providing insurance, as such it tries to secure the human life value and there by adds further security to the person having insurance policy. LIC is having various types of insurance policy different terms, conditions, premium and benefits like services person, businessmen, etc. due to such policies in tis portfolio and being a renowned name in insurance business, it is doing excellent business in India at presently although having tough competition with private insurance companies in Indian insurance market.