About us
Insurance Agency
We specialize in insurance and financial consulting, offering a comprehensive range of services including:
Life Insurance
Health Insurance
Term Insurance
Travel Insurance
Motor Insurance
Personal Accident Insurance
Mutual Funds
Pension & Retirement Plans
Complete Financial Planning
With over 28+ years of experience since 1997, we’ve successfully helped more than 2,500 families secure their financial future through well-structured investment and insurance strategies.
Our mission is to empower individuals with the knowledge and tools to plan for life’s milestones—whether it’s building wealth, protecting loved ones, or preparing for retirement.
Insurance agency is the No. 1 brand
India’s No. 1 Insurance Brand – Serving over 240 million+ lives.
World’s Largest Life Insurer by customer base.
Policies for All Segments – Covering every income and age group.
Transparent Operations – Trusted and ethical service.
Industry Best Practices – Professional training and tech support.
98.52% Claim Settlement Ratio – Among the highest in the industry.
Sovereign Guarantee – Backed by the Government of India.
India’s No. 1 Insurance Brand – Serving over 240 million+ lives.
World’s Largest Life Insurer by customer base.
Policies for All Segments – Covering every income and age group.
Transparent Operations – Trusted and ethical service.
Industry Best Practices – Professional training and tech support.
98.52% Claim Settlement Ratio – Among the highest in the industry.
Sovereign Guarantee – Backed by the Government of India.
FY. 2023 - 2024
- Dividend Paid to Govt
LIC paid a total dividend of ₹6,103.6 cr to the Government of India—comprising ₹2,441.45 cr (interim) and ₹3,662.17 cr (final) for FY 2023‑24 - Valuation Surplus
While exact valuation surplus figures weren’t disclosed publicly for 2023‑24, LIC reported a strong Indian Embedded Value (IEV) of ₹7,27,344 cr, marking a 24.9% increase from ₹5,82,243 cr in FY 2022‑23 - Premium Income
Total premium income stood at ₹4,75,070 cr, up slightly from ₹4,74,005 cr in FY 2022‑23 (growth ~0.2%) - Life Fund & AUM
Total Assets Under Management (AUM) reached ₹51,21,887 cr, up from ₹43,97,205 cr (a 16.5% YoY increase) - Company Assets
Though the exact “total assets” figure wasn’t separately stated, the AUM figure provides a clear indication of LIC’s massive asset base. - Claims Settled
LIC processed over 2.17 cr claims, comprising ~2.09 cr maturity claims (₹2,08,136 cr) and death claims (₹22,625 cr) in FY 2023‑24
