13 Jul

Is LIC Of India Available Outside India?

Yes, Life Insurance Corporation of India (LIC) primarily operates within India and is the largest insurance company in the country. LIC’s services are primarily available to residents of India and its insurance and investment products are designed for the Indian market.

However, LIC has established some presence in certain countries through its international operations. LIC International, a subsidiary of LIC, operates in select countries to cater to the insurance needs of the Indian diaspora and local residents. LIC International has branches in the United Arab Emirates (UAE), Bahrain, Fiji, Kenya, Kuwait, Nepal, Oman, Qatar, Saudi Arabia, Singapore, Sri Lanka, and the United Kingdom. These overseas branches cater to the insurance needs of non-resident Indians (NRIs) and the local populations in those countries.