Daily Tribune National Day Magazine 2021

Page 154

The perfect insurer LIC (International) wishes all the Bahraini Nationals a Heartfelt Congratulation on the occasion of Bahrain’s 50th National Day

LIC International Bahrain CEO and Managing Director Sunil Kumar Thakur along with senior staff

L

IC International is a leading Life Insurance Company in Bahrain since more than three decades, fulfilling the life insurance and saving needs of its customers including Non-Resident Indians (NRIs) and Bahraini Nationals. LIC International was established in Bahrain on July 23, 1989, in partnership with International Agencies Co (Intercol), with the objective of providing Life Insurance for the Indian Diaspora in GCC countries. However, the Company got license to sell Life Insurance products to residents of any nationalities in few markets, from then it has become a household name for both NRIs and GCC nationals leveraging the well-known Indian brand, its parent company, state-owned LIC of India which is the strongest and the largest Life Insurer in India with the market share of more than 70 per cent. The Company is committed to raise awareness of the importance of Life Insurance, especially in these volatile

154 Bahrain’s 50th National Day 2021

times, individuals and families should have a security blanket since it’s not known what tomorrow has instore. LIC International has suitable products for everyone, be it low income, high income or anything inbetween, there are products that will cater to the need of the customers. An individual should have an optimum mix of various asset classes. However, the role of insurance as an asset class in meeting your or your family’s financial goals is undeniable. Life insurance products can help to address an array of financial needs and goals as they can be customized for specific purposes. Be it life insurance plan, health plan, retirement planning or plans for children and family welfare, LIC International has plan to suit all types of need. The plans combine flexibility and value, and the best thing is that they are well suited to the expat lifestyle. If one is relocated back to India, some of LIC International’s Policies can be transferred to India and premiums


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.