Where is the head office of LIC?

Mumbai, IndiaLife Insurance Corporation / Headquarters

How many LIC offices are there in India?

8 Zonal Offices
LIC has a total of 8 Zonal Offices namely Delhi, Chennai, Mumbai, Hyderabad, Kanpur, Kolkata, Bhopal & Patna.

Is LIC a government or private?

The government, which owns 100% of LIC, is selling 316 million shares, representing 5% of its equity stake through the IPO.

How can I contact my LIC agent?

Contact LIC Call Center at +91-022 6827 6827 Services are now available 24*7

  1. Services. – Change of address. – Premium paid Certificate. – Life Certificate (Pension Policies)
  2. Information. – Premium points. – Bonus. – Loan.
  3. Assistance. – Filling up of application forms. – Registration on LIC’s Customer Portal.

How can I claim my LIC maturity amount?

Maturity Claims: The policyholder is requested to return the Discharge Form duly completed along with the Policy Document, NEFT Mandate Form (Bank A/c Particulars with supporting proof), KYC requirements etc. .

Do LIC employees get pension?

– The amount of minimum pension shall be,- (a) rupees three hundred and seventy five per month in respect of an employee, belonging to Class-III or Class-IV, who had retired or died before 1st August,1992 and in respect of employee belonging to Class-I or Class-II, who had retired or died before 1st day of April, 1993.

What is the LIC agent commission?

There isn’t any fix salary from the LIC for the agents. Though, Agents earn the commission for the policies they sale. LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Year + 5% till the policy maturity.

Can I claim LIC maturity from any branch?

Life Insurance Corporation of India (LIC) has permitted its policyholders to submit their maturity claim at any of their nearest LIC offices anywhere in the country till the end of this month.

Is LIC a govt job?

Ans. Yes, LIC recruitment are classified under government job.

What is the salary of LIC employees?

Life Insurance Corporation Of India Salaries

Designation Avg. Salary
LIC Agent – (613 Salaries) 1,90,000/yr
Insurance Adviser – (474 Salaries) 2,30,000/yr
Development Officer – (382 Salaries) 5,30,000/yr
Agent – (278 Salaries) 2,10,000/yr

What is the retirement age for LIC employees?

An employee shall retire at fifty-five years of age provided that the appointing authority may at its discretion extend the service every year upto 60 years of age.