What is Life Insurance? Life insurance is a contract that pledges payment of an amount to the person assured. The contract is valid for payment of the insured amount during: =>The date of maturity, or =>Specified dates at periodic intervals About LIC => Established in 1956 => Head office in Mumbai => Zones, 113 Divisions => 2048 branches & 1123 satellite offices => 900 SBA Offices => 1200 Premium points across the country / online payment => Having 27 crores happy customers => All the 2048 branches are connected with network system. => A customer can pay his premium in any branch in India. => For every second, 3 maturity claims are settled on each working day. => As on 31.03.2010 LIC’s Asset Value is Rs.11,52,057 crores => LIC takes part in building the Nation, Providing, Electricity, Water, Irrigation, Highways & Other National Development activities. Why should you associate yourself with => For the past 55 years LIC is the world Biggest Life Insurer => A noble organisation with utmost transparency => The only insurer with Government’s souvereign guarantee Office Address: 8th Floor, 360 Degree Business Park,Besides R-Mall,Near Mulund Check Naka, Mulund(W)