LIC- Loyal, Ideal, Contribution.

LIC is abbrievated as Life Insurance Corporation of India. About the rural areas of India, it is otherwise called as the name of Insurance. Even there are a number of Insurers in India doing life & general Insurance, LIC plays its important role in the economical & financial positions of every Indians. The need of life insurance is differ among all the people of the society. LIC has many type of plans that will suit every one depend their income status. The plans in LIC have been classified as:

• Children Plans
• Plans for Handicapped Dependents
• Endowment Assurance Plans
• Plans for high worth individuals
• Money Back Plans
• Whole Life Plans
• Term Assurance Plans
• Joint Life Plans
• Pension Plans
• Unit Plans
• Special Plans