LIC Scripts Historical past, Luggage Guinness World File For ‘Most Life Insurance coverage Insurance policies Bought in 24 Hours’- Particulars | Economic system Information

LIC Guinness World File: Life Insurance coverage Company of India (LIC) introduced on Saturday that it had scripted historical past by securing a Guinness World Information (GWR) title for the ‘most life insurance coverage insurance policies bought in 24 hours.’

On January 20 this 12 months, a powerful 4,52,839 LIC brokers collectively issued 5,88,107 life insurance coverage insurance policies throughout India. Based on the LIC, this monumental effort established a brand new international benchmark for agent productiveness within the life insurance coverage trade inside a 24-hour interval 

The document try was the end result of a considerate initiative by Siddhartha Mohanty, CEO and MD, LIC within the type of an attraction to each agent to finish at the very least one coverage on “Mad Million Day” (January 20, 2025). Mohanty thanked all esteemed prospects, brokers and staff for making “Mad Million Day” historic as their unbelievable efficiency of procuring document variety of insurance policies on a single day has now been recognised globally.

“Staff LIC is completely thrilled to obtain this prestigious Guinness World Information title. It’s a highly effective validation of the relentless dedication, ability, and tireless work ethics of our brokers. This achievement displays our deep dedication in the direction of our mission to supply important monetary safety to our prospects and their households,” mentioned the corporate.

Life Insurance coverage Company of India Achieves GUINNESS WORLD RECORDS. Most Life Insurance coverage Insurance policies Bought In 24 Hours.#LIC #LICInsurancePolicy #GuinnessWorldRecord pic.twitter.com/WRTwZ7UtLt
— LIC India Without end (@LICIndiaForever) Could 24, 2025

LIC not too long ago reported a 9.91% year-on-year enhance in new enterprise premium for April, outpacing the general trade progress of 8.43% and the 6.09% rise recorded by non-public life insurers. Based on knowledge launched by the Life Insurance coverage Council, LIC collected Rs 13,610.63 crore in new enterprise premiums final month, up from Rs 12,383.64 crore in April final 12 months.

The whole new enterprise premium for the life insurance coverage trade stood at ₹21,965.73 crore in April, reflecting an 8.43% enhance from Rs 20,258.86 crore in the identical month final 12 months. Personal life insurers contributed Rs 8,355.10 crore, marking a 6.09% rise in comparison with Rs 7,875.22 crore a 12 months in the past. (With IANS Inputs)