LIC inaugurates Digi Zone to sell policies online

Life Insurance Corporation (LIC) of India has inaugurated “Digi Zone”, at Bandra Kurla Complex, Mumbai, as part of its effort to enhance its digital footprint. LIC’s Digi Zone can be used by the customers to purchase policies online, pay the premium and avail of other services. As a part of its efforts to become a tech-driven life insurer, LIC will offer information related to its products and services through kiosks installed on the Digi Zone premises.

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Customers can use LIC’s Digi Zone to buy policies online, pay the premium and avail of other services. LIC plans to undertake the next wave of digital transformation to unlock several benefits of accelerating growth, driving customer satisfaction and improving intermediary productivity and loyalty.

Important takeaways for all competitive exams:

• LIC Chairperson: M R Kumar;
• LIC Headquarters: Mumbai;
• LIC Founded: 1 September 1956.

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