Life Insurance Corporation of India History

In India the very first Insurance Coverage Company was The Oriental Life Insurance
Company that has been established in Calcutta in the entire year 1818, the founder of
the Company was Anita Bhavsar. The main target of the business was the Europeans
have been situated in India and it charger Indian as heftier Premiums, so after looking at
this Son of Satyendranath Tagore; Surendranath Tagore founded the business named
Hindustan Insurance Society, which later became Life Insurance Corporation.
In 1870, the Bombay Mutual Life Assurance Society was formed that has been the very
first Native Insurance Provider, some of the Insurance Companies those were
established in the Pre Independence era are mentioned below.

Postal Life Insurance (PLI) on 1st February 1884

Bharat Insurance Company Formed in 1896
United India Formed in 1906
National Indian Formed In 1906)
National Insurance Formed In 1906
Co-operative Assurance Formed In 1906
Hindustan Co-operatives Formed In 1907
Indian Mercantile
General Assurance
Swadeshi Life (later Bombay Life)
Sahyadri Insurance Formed In 1986.

During the earlier days of the Insurance Companies, the condition for them wasn't good.
As it faced the Indian War of Independence, World War I and World War II, that affected
the economy of India, all this events had an adverse influence on the folks and their
faith in the general public in the utility of obtaining life cover, that led the majority of the
companies to loss and consequently the majority of the companies were shut down.
Life Insurance Corporation of India (LIC) Information Wiki
The organization gets its fund from the Government. The Government of India funds
approx. 24.6% of its expense over the company. Also the business contributes to the
GDP. It was found that in 2006 the business contributed as much as 7% of India's GDP.
The organization has made a massive growth over the period of years. The growth it's
remarkable and appreciable. It is believed that the business started with around 5.7
policies in 300 offices and collection of INR 459 million has now grown to growth of
around 2050 offices and almost 181 million policies and is an entity of around INR 3.5
trillion which comprises many offices and branches. Following will be the offices and
branches:

113 Division
2049 Branches
8 Primary Zonal Offices
54 Customer Zones
992 Satellite offices
25 Metro-area service centres

The organization has a wide array of policy holders. It was found that in the entire year
2006 to 2007 the business has more than 200 million policy holders

The services provided by the business are very helpful and eye catchy. It covers
everything what a common man needs. Following will be the policies that the business
covers:
LIC New User Login Process
Life Insurance Corporation of India Login is for registered users. If you should be a New
user, please follow the below steps.

Visit the official website http://liclogin.net/lic-premium-payment/

Click New User. Then your below page is going to be displayed.

Enter Policy Number, Installment Premium, DOB (Date of Birth) and Email ID.
Fill the facts with accurate information.
All fields showing * are mandatory.
Finally, select Proceed to get registered for Lic India Online Login.

Insurance Policies

Bima Account Plans

Jeevan Anand, Jeevan Mitra, Jeevan Amrit, Jeevan Vaibhav
Endowment Plus
Individual Plans
Children Plans- Jeevan Anurag, Komal Jeevan, Marriage Endowment or
Educational Annuty Plan, Jeevan Chaya, Jeevan Kishore, Childe Future Plan, Child
Career Plan and Jeevan Ankur
Money-back Plan
Handicap Dependent Plans- Jeevan Vishwas and Jeevan Aadhar

Special Policies

Pension Plans-Jeevan Aksha

Special Plans- Jeevan Saral, Bima Nivesh, Jeevan Madhur, Jeevan Deep and
Jeevan Mangal
Social Security Scheme- Jana Shree Bima Yojna, Aam Admi Bima Yojna and
Shikha Sahayog Yojana

Health Policies

Health Protection Plus

Jeevan Arogya Plans.