The particulars of representation by the members of the Public, in relation to the formulation of policy or implementation thereof
For details of the following please refer the Annual Report : (https://licindia.in/Investor-Relations/Financial-Details/Annual-Report)
1. Board of Directors (205 KB)
2. CUSTOMER MEETS:
Customer Meets are held in Divisions and Branches where interactions are done with the policyholders and suggestions are taken from them.
3. CUSTOMER ZONES & CALL CENTERS:
Customer Zones & Call Centers are present where customers can visit for policy servicing and can give their feedbacks.
4. POLICYHOLDERS PROTECTION COMMITTEE:
Policyholders Protection Committee is a subcommittee of the Board and is constituted with three Directors and one external expert in addition to two MDs. The PPC meets on a quarterly basis and all aspects of grievance handling, CRM initiatives, Policy servicing, Claims, Customer benefits, payouts of the Corporation are discussed in detail.