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52 reasons to buy LIC,s insurance policy

52 reasons to buy LIC,s insurance policy

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Published by Harish Chand
Or Visit: http://www.delhiLICagent.com
Or Write me at harishchand@in.com
!!We Ensure our Client for End to End Knowledge of Product!!
Or Visit: http://www.delhiLICagent.com
Or Write me at harishchand@in.com
!!We Ensure our Client for End to End Knowledge of Product!!

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Categories:Business/Law, Finance
Published by: Harish Chand on Jan 26, 2010
Copyright:Attribution Non-commercial


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Benefit in LIC’s Insurance Policy
Get Insurance in just 250/- Monthly
No need to be in Q
Easy to pay by bank account
No Market based plans
No Hidden term and conditions
No DSA, agent will direct come from LICContact : Harish Chand92122017259899615363Or Visit: http://www.delhiLICagent.comOr Write me at harishchand@in.com!!We Ensure our Client for End to End Knowledge of Product!!52 Reason Why you should buy Life Insurance from Lic of IndiaBefore Buying Life Insurance from Other Private companies in India Please read thefollowing:Positions:1.Largest insurance Company in the world in Customer Base (23 crore customers)2.No.1 insurance company in the world in terms of agency (about 1.1 Millionagents)3.LIC is No.1 insurer in the world in Volume & Sold around 3.75 Cr.Policies in2007-2008.4.2nd Biggest Real Estate Owner next to Indian Railways.5.LIC is one of the Highest income tax playing Organization. For FinancialYear 2007-08, LIC has paid advance Tax Rs.2627. 14 Cr. & Service Tax Rs.1292. 15Cr.6.Has Highest insurance Professionals ( Club Member agents )7.Only 4 countries in the world have more population that LIC`s policyholders.Award - Recognition8.Adjudged "The most trusted service Brand" in India, by "Economic Times andAC NEILSEN ORG MARG" for the year 2007 for the 5th consecutive year.9."Golden Peacock" award for Excellence in "corporate Governance"10.LIC adjudged as "Best life insurance Company of the year" at the "2nd"NDTVProfit Business Leadership Awards-2007.11.LIC adjudged the "Most Preferred Life insurance Company of the year" at the"CNBC AWAAZ" consumer award 2007 for 3rd time in succession.12.Awarded Reader Digest's "Trusted Brand"2006,2007&2008 (Voted by Consumers)13."Outlook Money NDTV Profit Award 2007"14."Web 18-Genius of the web Award" Conferred for the best website in insuranceCategory15."SKOCH Challengers Award 2008" for "Jeevan Madhur".16."Loyalty Awards 2008"- insurance Sector.17.Double crown for LIC in corporate Olympics 2008, Most Sporting Corporate 2)Corporate Championship Award Winner-2008Honouring of the Commitment - Settlement of Claims18.No.1 insurance Company in the world in terms of claims paid.19.LIC Settles 2.21 claims per second, LIC settled 139 lakhs claims during theyear 2007-2008.20.Prompt settlement of claims (97% maturity claim settled on or before duedate)21.One of the Lowest outstanding Claim Ratio in the world ( Maturity+S B Claim-
0.07%)Advanced Technology-For better Customer Service22.Computerized and networked 2048 branch offices and 159 satellite officesthroughout the country.23.Use of High Tech-WAN,LAN,IVRS & EDMS24.LIC is second largest PC user in the country.25.EDMS to make LIC a paperless office- Enabling Policy servicing & paymentsthrough all branchs in the country.26.Premium Payment Facility extended through networked 2048 branches, ECS,ATM's through internet, online portals, collecting bank (Axis Bank), AP online,through SMS, through selected agents, Now LIC Premium can also be paid through."Suvidha info Serve KIOSKS" all over India.27.Policy Holder's Portal allow on line access to policy status and otherdetails.28.Info centre set up in 12 cities for customers to interact easily. Dial-1251for details.29.45 interactive Voice Response System (IVRS) centers all over the country toprovide information on policy servicing. Facility is available 24 7, Facility canbe availed on following phone Nos. 1251 OR 020-25514248.Social Strength30.LIC - an institution builder promoting many financial and insuranceinstitutes like NSE, NCDEX, LIC Mutual Fund, Stock Holding Corporation of India,National insurance Academy, insurance institute of India etc.31.LIC has foreign operations in Mauritius, Fiji and London and has jointventure operating in Sri lanka, Nepal, Bahrain & Saudi Arabia. New offices will behortly oprned in Australia, USA&Canada.32.LIC is known as "Pension Provider" of the country.33.1st Pension company in India is floated by LIC as "LIC Pension Fund Ltd" on21st Nov 2007.34.First to create waves in micro insurance sector by insuring people below thepoverty line. In year 2007-2008, 8.54 lac policies sold through "JeevanMadhur"Plan.35.Widest range of plans (about 48) for every need of the customer of 0 to 79years of age.36.Biggest Portfolio of Group insurance schemes available.37."Jeevan Saral" one of the product of LIC got "Best innovation product "award from I.R.D.A.38.LIC has covered lick Risk of 1.13 crore citizens through "AAM ADMI BIMAYOJANA" & " JANASHREE BIMA YOJANA".39.Very Unique Salary saving Portfolio.40.Highest Number of Corporate Clients in Group insurance Scheme.41.Expending Distribution Channel through Bancassurances, Corporate Agencies,Broker ship & Chief Life insurarance Advisor (CLIA).42.New East - Central Zonal Office opened at patina to caterto the needs ofstates of Bihar, Jharkhand and Orissa. 5 new Divisional offices were also openedin 2007-08. Pune D.O.was splited in 2 divisions, viz Pune Division (i)and Pune Division (ii).43."Golden Jubilee Foundations" established for undertaking charitableactivities like education, health, relief of poverty etc.People's Money for People's Welfare44.LIC invested more than 11,630 crores, in infrastructure sector is Rs.56,691crores45.In socially oriented sector like water, drainage & housing etc, LIC hasinvested Rs.5,635 crores during 2007-08 & total investment in this sector is

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