life insurance corporation of india

life insurance corporation of india everyday we wake up to the fact that more than 250 millions lives are part of our family called LIC.

In 1956 245 Indian and foreign insurer and provident socities are taken over by the Govt and nationalised. LIC formed by an act of parliament, viz LIC act,1956
with a capital contribution of Rs. 5 crore from the Govt of India.

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Porbandar
360575

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