Objectives

• Spread Life Insurance widely and in particular to the rural areas and to the economically backward classes to reach all insurable people in the country and provide them adequate financial cover against death at a reasonable cost
• Maximize the mobilization of people's savings by making insurance-linked savings adequately attractive
• Bear in mind, in the investment of funds, the primary obligation to its policyholders, whose money it holds in trust, without losing sight of the interest of the community as a whole; the funds to be deployed to the best advantage of the investors and the community as a whole, keeping in view national priorities and obligations of attractive return
• Conduct business with utmost economy and with the full realization that the moneys belong to the policyholders
• Act as trustees of the insured public in their individual and collective capacity
• Meet the various life insurance needs of the community that would arise in the changing social and economic environment
• Involve all people working in LICI to the best of their capabilities in furthering the interests of the insured public by providing efficient services with courtesy
• Promote amongst all agents and employees of the LICI a sense of participation, pride and job satisfaction through the discharge of their duties with dedication towards achievement of the Corporate objectives