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LIC’s Jeevan Samiridhi’ inaugurated

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Monday, November 13, 2017

Life Insurance Corporation’s newly constructed five stories building Jeevan Samiridhi was inaugurated today by the LIC Managing Director B.Venugopal.

The landmark commercial property is located in the heart of the city as an annexe to the existing LIC Divisional Office Jeevan Prakash. The new building is provided with cellar and sub-cellar, a two-level parking space. The commercial investment has a built-up areas of 53,874 sft .

Speaking on the occasion, he declared that LIC had crossed one crore policies s of now in the fiscal with total first premium of 21,257 crore showing a growth of 21%. He complimented the Visakhapatnam division for being the number one in South Central Zone by completing 1.31 lakh policies till date with as many as Rs.200 crore total first premium.