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The Life Insurance Corporation or India (LICI) is the largest life insurance company in India, but in hands of the government of India. It was set up in 1956.

The head office has been established is considered has in Mumbai, that as the financial capital of India, the Life Insurance Corporation of India present 8 , 101 , 2048 establishments in different cities and towns of India together with satellite Offices at over approximately 50 Branches, and over a network of approximately a million Euro and 200 thousand agents for the asking, the life insurances sector of the public sees to. During her existence of approximately 50 year, Life Insurance Corporation or India, that the command sell over a monopoly of the asking round and of life insurances in India, that large remains, and has contributed approximately 7% of the BBP of India towards 2006.

The Corporation, that began its business with about 300 offices, 5.6 million administration and a corpus of INR 459 million is gegroeid until 2048 offices maintain approximately 180 million administration and a corpus of more than INR 3.4 biljoen.

The organization exists now 2048 establishments, 100 split off offices and 8 zonaal offices, and counts more than 1 million agents. It works to play also in 12 other countries, in the first place in on the needs of Nun Resident indias.

With the change in the India of the economic philosophy of the beginning of the years 1990, and the next versoepeling of state control over different sectors of the economy, the monopolistic position of the Life Insurance Corporation or India was become diluted, and it has had with a number of Other partnerships to compete with, notice the Indian as well as transnationale Life Insurance.

In the tax year 2006-07 Life Insurance Corporation India of the number verzekeringsnemers have been said to have crossed an only gladly 200 million (fourth in terms of population of the countries of the world)