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LIC: Insuring India Since 1956

LIC covering India since 1956

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*This is a sponsored feature by LIC.

The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on 1st September, 1956, with the objective of spreading life insurance more widely and to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost.

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