International Journal of Marketing & Financial Management
Print ISSN : 2349 –2546
Online ISSN : 2348 –3954
Frequency : Monthly
Current Issue : Volume 2 , Issue 5
2014
*BABAR MUSHTAQ, **MOHD TAQI
*Assistant Professor, Al-Barkaat Institute of Management Studies, Aligarh, India,
**Research Scholar, Department of Commerce, Aligarh Muslim University, Aligarh, India
Published Online : 2014-06-30
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Abstract
The contribution of insurance sector in any economy has the crucial importance. Life insurance has in olden times been an important method through which individuals with relatively low incomes have been able to save and invest effectively for the longer term. Life Insurance Corporation (LIC) of India is the main public sector insurance company of India. The present study is an attempt to evaluate the financial performance of Life Insurance Company of India. The main objective behind the study is to measure the performance regarding operational efficiency of the company. The performance of LIC of India has been checked through annual premium received, number of policies and sum assured in India.
Keywords: Insurance, Performance, LIC, Premium, Sum Assured.
