Ministry of Finance

LIC Goa division emerges as No: 1 in First Year Premiums

Posted On: 04 NOV 2020 10:21PM by PIB Mumbai

Goa: 4 November 2020

Life Insurance Corporation of India (LIC), Goa Division has  registered a positive growth of 60.28% in First Year Premium Income and emerged as No.1 in All India among all 112 Divisions of LIC and 2nd   in Single Premium Growth Rate as on 31st October 2020, in All India.

We congratulate all the policy holders of   Goa  for their faith in LIC and continued patronage in the Organisation even during the pandemic period wherein the citizens prioritized the Insurance over other savings, and   have shown more  interest in Pension Plans with Guaranteed Returns, Health Insurance, ULIPs and other Conventional Plans.

To give a boost to the Insurance awareness in the public, the leader of  Western  Zone  of LIC,  Shri. Vikas Rao, has  launched  a mission HAMARA PARIVAR, LIC BIMA PARIVAR, to cover the  family members   according to the need of the family,  and to declare that family as BIMA PARIVAR  with a Honour. The idea is well received and we are going to reach all the families through our distribution channels. This Campaign will ensure success of Mission One Million (MOM), and we shall light the Lamp of Life Insurance in a Million Homes in this month of festival of lights.

 While wishing the citizens of Goa on the forthcoming Diwali Festival, we look forward to every Family to be a LIC BIMA PARIVAR.

Our congratulations to all the Development Officers, CLIAs, Agents, our Insurance Channel Partners, Officers and Staff Members of Goa Division for their extraordinary contribution in garnering record New Business.

LIC/VK/PM



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