LIC Full Form in Banking – Are you wondering what LIC stands for OR Full Form? LIC, or Life Insurance Corporation of India, is the largest life insurance company in India. It was established in 1956 and is a state-owned company. LIC provides a wide range of life insurance policies, including term insurance, endowment plans, pension plans, and unit-linked insurance plans. It also offers health and travel insurance, as well as investment options.
With its extensive network of agents, LIC is the most trusted and reliable life insurance provider in India. Understanding the full form of LIC in India is important for anyone looking to purchase life insurance.