In April-June 2020, LIC booked a profit of a little more than Rs 7,000 crore. Between April and October 2020, the insurer booked around Rs 15,000 crore as profits in the capital market.

Is LIC in profit or loss?

Life Insurance Corp. of India (LIC) booked a record ₹37,000 crore profit from share sales in 2020-21, the highest in its 65-year history, as the stock market reached record highs. The latest profit is a 44.4% jump against its ₹25,625 crore profit from stock sales in fiscal 2020.

Is LIC a good investment option?

Is LIC Plan a good investment? Yes, LIC offers best life insurance plans. If you are looking for investment and protection option under one product, you can consider Endowment or Unit Linked Investment Plan (ULIP) as per your risk appetite and financial objectives.