Established on September 1, 1956, LIC continues to retain its leadership in India’s life insurance sector. In FY 2025-26, it held a 65.16% market share in policies and a 56.66% share in first-year premium income. Its assets under management rose 5.08% to Rs 57.29 lakh crore.
LIC has expanded its presence through an extensive network of branches, agents and digital platforms, offering life insurance, pension and market-linked products. Its digital initiatives, including the My LIC app, have further enhanced customer access and service delivery.
Through its Golden Jubilee Foundation, established in 2006, LIC has supported community development projects and education. According to the corporation, the foundation has disbursed Rs 303 crore for 1,045 projects and provided 41,776 scholarships worth Rs 105.27 crore.
As LIC enters its eighth decade, the corporation said it remains committed to policyholders, employees, agents and other stakeholders, guided by its motto, “Yogakshemam Vahamyaham - Your welfare is our responsibility.”
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