Life Insurance Corporation of India (LIC) is an Indian state - owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹ 1,560,482 crore (US $240 billion). As of 2013 it had total life fund of Rs. 1433103.14 crore with total value of policies sold of 367.82 lakh that year.
life insurance corporation of india is private or government
state - owned insurance group