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About Us

LIC

LIC Bangladesh Ltd. is a joint venture of LIC of India (LIC), Strategic Equity Management Limited (SEML) Bangladesh and Mutual Trust Bank Limited Bangladesh.

LIC is one among the world’s leading life insurance provider. The other countries where LIC operates are Bahrain, UAE, Qatar, Singapore, Kuwait, Fiji, Kenya, Mauritius, Nepal, Sri Lanka, India and UK. LIC has Grown from a mere 5 crore capital in 1956 to its present stature boasting of an asset base of 48,350 billion US Dollars, higher than the GDP of over 75% of the countries in the world (only 4 countries have population higher than LIC’s customers). LIC commands a market share of 70% in India and is awarded the most trusted service brand, most recognizable brand for many years in succession. LIC Bangladesh Ltd. started its operation in 2016 having full-fledged Branches at over 12 locations in the length and breadth of the Bangladesh, LIC Bangladesh Ltd. is set to win the trust of consumers by its range of products and services.

Our Vision

To become the life insurer of choice for the people of Bangladesh excelling in every aspect of its business and in delivering its best services and products to the citizen and residents of Bangladesh.

Our Objective

  1. SPREAD LIFE INSURANCE WIDELY TO REACH ALL INSURABLE PERSONS AND PROVIDE THEM ADEQUATE FINANCIAL COVER AT A REASONABLE COST.
  2. MAXIMISE MOBILISATION OF PEOPLE”S SAVINGS.
  3. CONDUCT BUSINESS WITH UTMOST ECONOMY.
  4. ACT AS TRUSTEES OF THE INSURED PUBLIC IN THEIR INDIVIDUAL AND COLLECTIVE CAPACITIES.
  5. MEET THE VARIOUS LIFE INSURANCE NEEDS OF THE COMMUNITY THAT WOULD ARISE IN THE CHANGING SOCIAL AND ECONOMIC ENVIRONMENT.
  6. BEAR IN MIND THAT THE INVESTMENT OF FUNDS TO BE DEPLOYED TO THE BEST ADVANTAGE OF THE INVESTORS AS WELL AS THE COMMUNITY AS A WHOLE KEEPING IN VIEW OF NATIONAL PRIORITIES AND OBLIGATIONS OF ATTRACTIVE RETURNS.
  7. INVOLVE ALL PEOPLE WORKING IN THE ORGANISATION TO THE BEST OF THEIR CAPABILITIES IN FURTHERING THE INTERESTS OF THE INSURED PUBLIC BY PROVIDING EFFICIENT SERVICE WITH COURTESY.
  8. PROMOTE AMONGST ALL AGENTS AND EMPLOYEES OF THE ORGANISATION A SENSE OF PARTICIPATION, PRIDE AND JOB SATISFACTION THROUGH DISCHARGE OF THEIR DUTIES WITH DEDICATION TOWARDS ACHIEVEMENT OF CORPORATE OBJECTIVES.