N ngupta Nandini Gupta Dec 10, 2011 #1 LIC was created in 1956 with the merger of 243 insurance companies & provident societies.
P poornima lagadapati Active member Aug 27, 2020 #2 19 June 1956 The Parliament of India passed the Life Insurance of India Act on 19 June 1956 creating the Life Insurance Corporation of India, which started operating in September of that year.
19 June 1956 The Parliament of India passed the Life Insurance of India Act on 19 June 1956 creating the Life Insurance Corporation of India, which started operating in September of that year.
