LIC – Life Insurance Corporation of India has been a nation builder since its formation in 1956. It is the largest insurance service provider in the country and owned by Indian government. The headquarter of LIC is in Mumbai. LIC has  zonal Offices and 113 divisional offices located in different parts of India. True to the objective of nationalization has mobilized the funds invested by the people in the life insurance to benefit the community at large. It has deployed the funds to the best advantage for the policy holders as well as the community as the whole, true to the spirit of nationalization. National priorities and obligation of reasonable returns to the policyholders are the main criteria of  their investments.  Original


The total funds, so invested to benefit the community at large accumulated to Rs. 815484 crore as on 31st March 2009. The Investment of the funds is governed by the Section 27A Insurance Act, 1938 subsequent guidelines/instructions issued thereunder by the Indian Government from time to time and the IRDA by way of regulations. As per the prescribed investment pattern approved by IRDA, the controlled funds are invested as follows:

  1. Not less than 50% is invested in Government securities or other approved investments.
  2. Not less than 15% is invested in infrastructural and social sector investments.
  3. Not less than 35% in other investments, to be governed by exposure prudential norms.

People’s Money for People’s Welfare

Amount in crores.

01. Central Government Securities 272498 297943 318673
02. State Government & other
Govt. Guaranteed marketable securities
64285 89234 110697
(a) Housing 22451 24325 34185
(b)) Power 37881 41120 48090
( c) Irrigation/Water Supply & Sewerage 7500 6649 6022
(d) Roads, Ports & Bridges 1516 1154 7218
( e) Others (including Railways) 4398 8774 5274
B 73746 82022 100789
Total A+B 410529 469199 530159

life insurance corporation of india