INTRODUCTION OF LIFE INSURANCE CORPORATION OF INDIA. The Life Insurance Corporation of India (LIC) is the largest life insurance company in India and also the country’s largest investor. It is fully owned by the Government of India. It also funds close to 24.6% of the Indian Government’s expenses. It was founded in 1956. Headquartered in Mumbai‚ which is considered the financial capital of India‚ the Life Insurance Corporation of India currently has 8 zonal Offices and 101 divisional offices located
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Distribution channel of LIC Child Fortune plus ANAND.G MOULAN.S MANOJ.K RAVEE KUMAR.M.S Primary objective of the distribution is to increase the customer base who have a disposable income level of more than 2 lakhs per annum. Price: The price of a life insurance depends upon the period by which premium is bieng paid. Specifications of LIC child fortune plus is given below Specifications | LIC Child Fortune plus | Age (Male) | 35 years | Premium | 1‚00‚000 | Sum Assured | 5‚00
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companies was nationalized and a single monolithic organization‚ the Life Insurance Corporation of India (LIC)‚ was set up. Today‚ life insurance is almost entirely in the hands of the LIC. The Post and Telegraph Department conduct some business in this area for its employees‚ but the volume of that business in relation to that of LIC‚ is negligible and declining. The objectives of the LIC are to: • Spread life insurance and provide life insurance protection to the masses at reasonable cost.
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Website: www.licindia.com History Life Insurance Corporation of India (LIC) was formed in Sep 1956 after the Parliament of India passed the Life Insurance Corporation Act in Jun 1956. The company was created with the objective of spreading life insurance more widely‚ especially to reach all the insurable people in the rural areas and provide them with adequate financial cover at a reasonable cost. Apart from its corporate office‚ LIC had five zonal offices‚ 33 divisional offices and 212 branch offices
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BIMA ACCOUNT PLANS LIC’s Bima Account – I As the name explains “LIC’s Bima Account – I ” is a simple non-linked plan under which you can be covered without undergoing any medical examination subject to certain conditions. This plan offers you everything you think of an insurance plan should provide: 1. Simplicity Liquidity 2. 3. Guaranteed minimum return 4. No medical examination 5. Transparent charges 6. Risk cover Under this plan‚ the premiums paid by you‚ after deduction of charges‚ will be credited
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CERTIFICATE This is to certify that the project work done on Consumer’s attitude towards Investment is a bonafide work carried out by Mr. Sandeep Singh Bhati under my supervision and guidance. The project report is submitted towards the partial fulfillment of 2 – year‚ full time Post Graduate Diploma in Management. This work has not been submitted anywhere else for any other degree/diploma. The original work was carried during 15th May to 15 June‚ 2010 in LIC OF INDIA‚ Balotra (Rajasthan) Name
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Project report LIC House loans and othe type of policies Submitted By: Raju Somani Life Insurance Corporation Company Brief LIC Housing Finance Ltd. (LICHFL) is one of the largest housing finance companies in India. Almost 93% of the company’s loans are to retail customers and the balance 7% to project developers. The promoter‚ namely LIC of India‚ meets 8% of the total fund requirements
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LIC Compare Key Features & Policy Benefits‚ Compare Life Insurance‚ LIC Policy‚ Guides‚ Best LIC Policies - Save TAX with New LIC policy. Apply Now for jeevan saral policy.Here is a Great Plan to Save Tax. Get Handsome Returns on Maturity. Tax Savings Scheme | Tax-Savings-Scheme‚ Find Useful Information about Tax Savings Scheme! Tax Benefit - Life Insurance Corporation of India- How to Save Income Tax‚ Get Handsome Returns on Maturity? Here is a Great Plan to Save Tax. Financial Calculators &
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Island City high rises. Detail of 1896 map of Long Island City‚ from the Greater Astoria Historical Society Country United States State New York County Queens City New York City ZIP code 11101-11106‚ 11109‚ 11120 Area code(s) 718‚ 347‚ 917 LIC General Post Office‚ 11101 Gantry cranes in Gantry Plaza State Park on the Long Island City waterfront Long Island City (L.I.C.) is the westernmost neighborhood of the New York City borough of Queens. L.I.C. is notable for its rapid and ongoing
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Financial Project Quincy K Eve Assignment 2 Strayer University Mat 104 Dr.Carol Thedford February 20‚ 2013 Financial Project I bought a house about five years ago for $171‚000. I made a down payment of $ 30‚000 which I took out a loan for $141‚000.I received a bank statement which indicated that I have a current loan balance of $130‚794.68.I am five years into a 30 year loan that has a 5.75% fixed interest rate. Currently I have twenty five years left on my mortgage but I would
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