Life insurance is a contract between a policy holder and an insurer where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured. The policy holder pays regular premiums in return. Life insurance objectives include widespread coverage, saving mobilization, conducting business economically, and meeting growing customer needs. LIC of India is the largest insurer in India and provides various policies, but also faces threats from private players and foreign insurers expanding in the market. LIC offers specialized plans and products and has diversified into other financial fields.

15. PRODUCTS

18. SPECIAL PLAN OF LIC LIC

26. ORGANAIZATION SET UP OF LIC

27. Board of Directors Chairman Managing Director Executive Managers (5) Head Office (MUMBAI) Divisional Offices (100) Branch Offices (2048) Agents (1002149 ) Zonal Offices (7) Special cell (Srinagar )

29. MARKET SHARE (2010-11 )

31. AWARDS AND RECOGNITION From the year 2006, LIC is continuously winning the Readers' Digest Trusted brand award . According to The Brand Trust Report 2011, LIC is the 8th most trusted brand of India.

33. Out look money Award for best life insurer AIMA high performance Award

34. Readers Digest Trusted Brand Golden Peacock Award for Corporate Governance

35. Global Youth Marketing Award for Most preferred Life Insurance Company Power Brand Award

36. Shoppers & Consumers Insight Award MY FM Stars of Industry Award for Excellence in Life Insurance

37. THANK YOU