Along with the rest of the country, Life Insurance Corporation (LIC) of India, Dimapur Branch celebrated its 62nd Insurance Week, at its office.
Speaking at the programme as chief guest, Nibu Nagi congratulated LIC for successfully completing 62 years and lauded the service of LIC as “excellent.” Nagi also appealed the citizens of the state to have an insurance policy for their own benefit.
Earlier, welcome address was delivered by LIC Dimapur branch manager Gautam Naha where he said that LIC of India has been a nation builder since its formation in 1956, starting with an initial capital of Rs. 5 crore and an asset base of Rs. 352.20 crore. Today LIC has assets of over Rs. 28.45 lakh crore with life fund to the tune of Rs 25,84,484.92 crore.
Initially, LIC started with 168 offices and today LIC has over 4862 offices with 1.11 lakh employees, 11.48 lakhs agents and 29 crore plus policies in force, he added.
The total funds invested for the benefit of the community at large are Rs. 27, 36, 762 crore as on March 31, 2018.
Highlights of the programme include lightning of lamp, cake cutting ceremony by the chief guest and cultural programme.
High net worth individual, retired employees, senior most agent, first customer, second customer and first agent for BOC deposit were also felicitated during the programme.