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Every day we wake up to the fact that more than 250 million lives are part of our family called LIC.We are humbled by the magnitude of the responsibility we carry and realise the lives that are associated with us are very valuable indeed.Though this journey started over six decades ago, we are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 65 years has been a process called TRUST.A true saga Of Trust.
Tax Relief:Life Insurance is the best way to enjoy tax deductions on income tax and wealth tax. This is available for amounts paid by way of premium for life insurance subject to income tax rates in force. Assesses can also avail of provisions in the law for tax relief. In such cases the assured in effect pays a lower premium for insurance than otherwise.
Why you need to Buy LIC plan
We have made quality our habit. It’s not something that we just strive for – we live by this principle every day.
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