Life Insurance Corporation of India(LIC) completes 60 years of fruitful service to the nation. Formed on 1st September 1956, nationalizing the existing private Company, LIC has given excellent service to the people. It is one of the best PSUs in the country. 99.75% of claims are settled in 2015-16. With more than 29 crore policies, it is one of the biggest insurer in the world.
The contribution of the workers and their Union, All India Insurance Employees Association in this respect is commendable.
My Hearty Congratulations to LIC and AIIEA on the 60 th anniversary!