LIC (International) BSC (C) came into existence on the 20th of July, 1989 in the Kingdom of Bahrain in partnership with International Agencies Co. Ltd. (Intercol), with the objective of providing life insurance cover to the Indian Diaspora in GCC countries. The journey of LIC (International) BSC (C) is an exemplary story of sharing and fulfilling dreams and prosperity of thousands of NRIs.
Build a strong professional marketing Team committed to provide life insurance solutions to clients with reasonable returns. Leverage Information Technology and Teams' commitment of care and concern to set highest standards of service.
To enhance the quality of life of the insuring population through financial security by providing products and services to suit their needs.
LIC (International) enjoys a niche market position targeting Indian expatriate communities within the GCC countries. However, the Company got license to sell life insurance products to residents of any nationality in few markets. The Company is the well-known Indian brand. Its parent company, state-owned LIC of India, is the strongest and the largest Life Insurance Company in India with the market share of more than 70% in policies.
The Company has a strong and long track record of generating good returns to its policy holders. The Company has always lived up to the trust of its customers by delivering on its promises through product innovation, excellent customer service and adoption.
LIC (Int'l) has bagged number of awards and accolades including the prestigious MEIF 2012 from Central Bank of Bahrain, for its innovative products and customer service and Excellence in Insurance Dispute Resolution for Year 2020 by Insurance Authority, UAE.
Unit linked insurance plans, or ULIPs, are a type of insurance that combines investing and insurance. As an investment alternative, ULIPs are becoming increasingly popular. They are a single plan that combines investment and insurance. ULIP is the greatest option of investment, because it provides a lot of flexibility while limiting risks.
Savings are an essential component of any earning person's economic life. Savings comprise the amount of money left over after spending; it is the money set aside for future use and not spent immediately. People may save for various life goals or aspirations. While there are several avenues for building one's savings, doing this through a life insurance savings plan seems the best.learn more
Investing is the process of buying assets that increase in value over time and provide returns in the form of income payments or capital gains. The act of investing has the goal of generating income and wealth creation over time. An investment can refer to any mechanism used for generating future income. This includes the purchase of equities, bonds, gold, property, mutual funds and ULIP.learn more
Insurance is a way to manage your financial risks. When you buy insurance, you purchase protection against unexpected financial losses. Insurance helps protect you, your family, and your assets. An insurance policy can even provide your survivors with a lump-sum cash payment if you die. In short, insurance can offer peace of mind regarding unforeseen financial risks.learn more