INSURANCE SERVICES:
LIFE INSURANCE CORPORATION (LIC)
OBJECTIVES OF LIC:
Spread Life Insurance widely and in particular to the rural
areas and to the socially and economically backward classes with
a view to reaching all insurable persons in the country and
providing them adequate financial cover against death at a
reasonable cost.
Maximize mobilization of people's savings by making
insurance-linked savings adequately attractive.
Bear in mind, in the investment of funds, the primary obligation
to its policyholders, whose money it holds in trust, without
losing sight of the interest of the community as a whole; the
funds to be deployed to the best advantage of the investors as
well as the community as a whole, keeping in view national
priorities and obligations of attractive return.
Conduct business with utmost economy and with the full realization
that the moneys belong to the policyholders.
Act as trustees of the insured public in their individual and
collective capacities.
Meet the various life insurance needs of the community that would
arise in the changing social and economic environment.
Involve all people working in the Corporation to the best of
their capability in furthering the interests of the insured public
by providing efficient service with courtesy.
Thus with these objectives LIC INSURANCE is being made available
right at CSC centres.
Services that are made available at CSC centres are as under:
LIC INSURANCE: Payment of Insurance is made available for
people of the rural areas right at CSC centres.
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