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Spread Life Insurance widely
and in particular to the rural areas and to
the socially and economically
backward classes with a view to reaching all
insurable persons in the country
and providing them adequate financial cover
against death at a reasonable cost.
Maximize mobilization of people's
savings by making insurance-linked savings adequately
attractive.
Bear in mind, in the investment
of funds, the primary obligation to its policyholders,
whose money it holds
in trust, without losing sight of the interest
of the community as a whole;
the funds to be deployed to the best advantage
of the investors as well as the community
as a whole, keeping in view national priorities
and obligations of attractive return.
Conduct
business with utmost economy and with the full
realization that the moneys belong
to the policyholders.
Act as trustees of the insured
public in their individual and collective capacities.
Meet the various life insurance
needs of the community that would arise in the
changing social and economic
environment.
Involve all people working
in the Corporation to the best of their capability
in furthering the interests
of the insured public by providing efficient service
with courtesy.
Source - Life Insurance Corporation of India, LIC India.