IV. The norms set by it for the discharge of its functions:
The Corporation functions within the following Core Values/norms and culture
| Our Values |
Our Culture |
| Caring & Courtesy |
Agility |
| Initiatives & innovation |
Adaptability |
| Integrity & Transparency |
Collaboration |
| Quality & Returns |
Commitment |
| Participation & Relationship |
Discipline, Excellence |
| Trustworthiness & Reliability |
Empowerment, Sensitivity |
The overall functioning of the Corporation is governed by -
a. Citizen Charter (click here for details)
b. Life Insurance Corporation act 1956.
c. LIC of India (Staff) Regulation, 1960
d. LIC of India Class –III & Class IV Employees Promotion Rules, 1987(click here for details)
e. LIC of India (Regulation of Superannuation) Rules,1987.(click here for details)
f. ADO Recruitment administration (click here for details)
g. Rules of promotion of Development Officers to the cadre of Assistant Branch Manager(Sales)-2010
h. Anti Fraud Policy - Refer website
i. Tenders –Refer website
j. LIC of India(Employees) Pension Rules,1995(click here for details)
k. Promotion of Development Officers to the carde of ABM(S) - Special provision regarding reservation in respect of promotion for employees belonging to SC/ST (click here for details)
Life Insurance Corporation of India –
Corporate Office : Yogakshema Building, Jeevan Bima Marg, P.O. Box No – 19953, Mumbai – 400 021
IRDAI Reg No- 512