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You may find the answers to the following questions in this page..
  • Which Investment Firm is a reliable company in Hyderabad?
  • Which is a low expensive investment firm in Hyderabad?
  • Which is a good web site to trade online?
  • Which is a good wealth management company in Hyderabad?
LIC Investment Firms - Business
LIC
LIC
  • Business Name:LIC
  • Address 1:LIC Building, Saifabad
  • Address 2:Hyderabad
  • City:Hyderabad
  • Web Page:http://www.licindia.in/
  • Phone Number:(40)-23230322
  • Description:Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.

    The contract is valid for payment of the insured amount during:

    * The date of maturity, or
    * Specified dates at periodic intervals, or
    * Unfortunate death, if it occurs earlier.

    Among other things, the contract also provides for the payment of premium periodically to the Corporation by the policyholder. Life insurance is universally acknowledged to be an institution, which eliminates 'risk', substituting certainty for uncertainty and comes to the timely aid of the family in the unfortunate event of death of the breadwinner.
    By and large, life insurance is civilisation's partial solution to the problems caused by death. Life insurance, in short, is concerned with two hazards that stand across the life-path of every person:

    1. That of dying prematurely leaving a dependent family to fend for itself.
    2. That of living till old age without visible means of support.

  • Reference/Courtecy URL:http://www.licindia.in/know_lic.htm
  • Voted Users:9
  • Last Voted Date:08 April,2014
  • Overall Rating: 
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