Life insurance corporation of India is the biggest insurer of India. so LIC has known the king of insurance industry. LIC's income from premium collection 65,775 crore in last 9 months declared by IRDA, on the other hand several large private sector insurance companies, including ICICI Prudential, HDFC standard life ,Birla Sun life and SBI life collected premium amount is 18,951 crore .there is a huge different between LIC and private insurance companies. every private insurance company tie up with foreign companies. but LIC is one and only brand. so most of person taking LIC policy and securing their family .we proud to be part of LIC.
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