Prior to subscribing, everyone has the same question that why to invest in LIC IPO? Then its justification can be numbered as follows:
- Largest insurer in India with robust business model.
- Highest market share in terms of premium as in Dec 2019, its market share is 70.52%.
- Strong network of branches and insurance agents all over the country.
- 291% fold rise in the LIC’s income during the period of 2009 to 2019.
- 180% jump in the net income from 2009 to 2019 shows its strong fundamentals.
