Associate Professor in Commerce,
By having a close look over the profile and achievements of LIC, we can conclude that LIC has been providing error free service to its customers. LIC is also very much concerned about the social responsibility. Moreover LIC is the top most company in the field of insurance in India. The policies offered by LIC are for every age group of individuals for catering their needs including pension and group schemes. It is observed that huge contribution is made by LIC in Five Year Plans. Land mark investment of LIC funds in government securities and in housing, power, irrigation, water, sewerage, roads, ports, bridges, railways others including Telecom etc. is also seen in the financial achievements of LIC. This paper makes an attempt to find out the factors which are contributing to grant number of awards which measure the successful heights of LIC during 2011–12, 2012–13 and 2013–14.
Awards, Premium, LIC, Claim
