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LIC celebrates 51st anniversary

Life Insurance Corporation of India (LIC) celebrates its 51st year anniversary on the 1st of September. Chandigarh division ranked fourth among all 105 divisions of LIC in terms of business performance.

Apnainsurance.com Research Bureau

03 Sep 2008

Life Insurance Corporation of India (LIC) celebrates its 51st year anniversary on September, 1, 2007.

Chandigarh division ranked fourth among all 105 divisions of LIC in the country with the business performance touching Rs 244 crore and covering 1,13,134 lives by mid of August this year.

From ULIP plans like Market Plus and Money Plus around 95 per cent of sales turnover is received. LIC Chandigarh division is targeting Rs 765 crore from first premium income and policy sales of Rs. 3, 15, 000 this year.

LIC is also promoting 'Jeevan Madhur'- plan for the below poverty line (BPL) families.



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