Indian largest government sector life insurance company is LIFE INSURANCE CORPORATION OF INDIA in short LICI. Its founded on 1st September 1956. Its headquarters situated at Mumbai. Its Chairman is V. K. Drama and Managing Director is Hemant Bhargava. It doing business on the sector of Life Insurance, Health Insurance, Investment Management, Mutual Fund. Its official website is https://licindia.in. Total assets of this company is 2, 009, 119 crore till March 2016. Its total number of employees is 114773 till March 2016. LIC’s slogan is Your Welfare is our Responsibility , its taking from Bhagavad Gita ( Yogakshemam Vahamyaha) .