LIC International – A Trusted Partner

“Our robust experience in the region has resulted in a thorough understanding of the market, and LIC as a trusted brand in the life insurance space enjoys a significant market share in the region. The company is able to establish and maintain a strong brand connect with the Indian diaspora as its products are designed whilst keeping in mind the ethos of Indian financial habits,” says Mr. Pattanaik. “LIC has a competitive and need based plan for every stage of a person’s life cycle, beginning recent addition of Equity linked plan, LIC has leveraged its product portfolio in all aspects of personal finance. Now a customer can diversify their investible funds through a combination of investment strategies based on the risk matrix of each customer with LIC International. “As an insurer our prime focus is to educate the customers and extend the seamless financial planning journey,” he says.

Market linked fund-based Investment Plan ‘Wealth Creator’, which offers NRIs the advantage of global market performance for higher yields on their investments. The unique advantage for NRIs with LIC’s products is the ability to diversify their investment into US dollars, a fundamental and increasingly attractive proposition.

“In the long term, we are looking to prioritise and improve customer experience, with several initiatives in the pipeline at the company level.

“On this special anniversary of India’s 76th Independence Day, we extend a very happy