Life Insurance Corporation of India (LIC) is India’s largest and most trusted life insurance company. Established on 1st September 1956, LIC was formed after the nationalization of the life insurance industry, bringing together more than 245 private insurers under one umbrella.

LIC operates under the Life Insurance Corporation Act, 1956, and functions as a statutory body wholly owned by the Government of India. With a strong presence across the country and abroad, LIC plays a key role in providing financial security to millions of policyholders.