LIFE INSURANCE CORPORATION OF INDIA UK ( LIC UK )
The Life Insurance Corporation of India (LIC) was established in 1956 by the Indian Parliament to bring the life insurers in India under one roof, and is now a £65 billion company. LIC state they have 170 million policyholders so are one of the largest insurance companies in the world. The company employs 122,000 people for administration in India and worldwide.
Life Insurance Corporation of India has a worldwide presence. As part of its worldwide operations, the UK branch was established in 1961 in London. LICI UK provides information and advice on the Protection, Pensions, Savings and Investment products and services from its own range of products and carefully selected third party products.
LICI UK is the trading name of Life Insurance Corporation of India. It is authorised and regulated by the Financial Services Authority.
LICI UK is a branch of Life Insurance Corporation India. LICI UK and is committed to provide customers in the UK with competitive products and services.
With knowledge of the UK and the Indian markets, LIC state they are well-placed to deal with customers in the UK as well as those from India living in the UK on a temporary basis.
The Life Insurance Corporation of India in the Uk currently offer various savings & protection products. These include a whole of life plan called Guaranteed Lifetime Protection Plan, a critical illness policy & term life insurance called Guaranteed Personal Protection plans.
Note: Some plans cannot be transferred to India but you can retain them in the UK if you do move back to India.
Looking in 2020 to compare The Life Insurance Company of India Uk Life Assurance against other Uk Insurers plans.
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FOR PROTECTION PRODUCTS WE USUALLY OFFER FROM A RANGE OF PROVIDERS
For products with an investment element we will introduce you to an authorised adviser