Life Insurance Corporation of India ( LIC ) is fully owned by Government of India and the largest Life Insurance Company in India. LIC gives peaceful life, every day we wake up to the fact that more than 320 million human lives are part of our family called LIC of India.
Safe and secured Investment and best claim settlement among all Life Insurance companies in India. Dual Tax benefits available on investment and maturity i.e., the premiums paid by the proposer is totally tax free under section 80C and Maturity, all claims from LIC of India is also tax free under section 10(10d).