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“In the year 1956, 245 Indian and
foreign companies were nationalized and
today, the three letters ‘LIC’,
stands as a synonym for insurance, for
services, for excellence in strengthening
the economic fibre of this country. I
dare to say that no other three letters
taken together are more recognised to
the length and breadth of India than LIC.”
“The performance figures of LIC
give an indication why LIC is dear to
us, why LIC is a Jewel in our crown and
why we will continue to nurture LIC and
grow it into a great organization rendering
service to the people of India.”
“LIC’s footprints are now
to be found in many other countries in
the world. Wherever Indians go - and they
go everywhere now, wherever Indians are
welcome - and they are welcome in every
part of the world, wherever Indians settle
down – they have found many new
homes, wherever Indians excel –
and they excel in every walk of life,
they want LIC – they want LIC to
protect them, to look after their savings,
and provide for protection as well as
their retirement.”
Excerpts from speeches at the inaugural
function of LIC’s Golden Jubilee
Celebrations.
Lucknow, September 1, 2005.
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