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who is the founder of Lic and I would like to know the profits Lic's are used by whom? Who gets the large amount of Lic diviend?

2006-09-03 03:26:45 · 1 answers · asked by heartstealer08 1 in News & Events Other - News & Events

1 answers

i know it!

1. Shri. T.S. Vijayan is the current chairman of LIC.
2. Founder of LIC - Govt. Of India : LIC formed by an Act of Parliament, viz. LIC Act, 1956, with a capital contribution of Rs. 5 crore from the Government of India.
3. Policy holders get the large share of dividend

2006-09-03 03:32:04 · answer #1 · answered by Mohan 5 · 1 0

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