Is Life Insurance Corporation of India a good company to work for?

Life Insurance Corporation of India has an overall rating of 4.1 out of 5, based on over 704 reviews left anonymously by employees. 73% of employees would recommend working at Life Insurance Corporation of India to a friend and 63% have a positive outlook for the business. This rating has decreased by -4% over the last 12 months.

Does Life Insurance Corporation of India pay their employees well?

According to anonymously submitted Glassdoor reviews, Life Insurance Corporation of India employees rate their compensation and benefits as 4.0 out of 5. Find out more about salaries and benefits at Life Insurance Corporation of India. This rating has decreased by -2% over the last 12 months.

How satisfied are employees working at Life Insurance Corporation of India?

73% of Life Insurance Corporation of India employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Life Insurance Corporation of India 4.1 out of 5 for work life balance, 3.8 for culture and values and 3.8 for career opportunities.

Life Insurance Corporation of India Reviews

Updated 19 Sept 2023

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Full-time, Part-time

English

Found 639 of over 704 reviews

4.1

★★★★★

★

73% Recommend to a Friend

81% Approve of CEO

Found 640 of over 704 reviews

Sort

4.1

★★★★★

Recommend to a Friend

Approve of CEO

Shri Thomas Mathew

210 Ratings

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Top Review Highlights by Sentiment

Excerpts from user reviews, not authored by Glassdoor

Pros

"A good work life balance" (in 27 reviews)
"A good salary is provided by the company" (in 26 reviews)
"safety, job security, good salary, limited timings" (in 14 reviews)
"Good working environment best employee" (in 10 reviews)
"The Benefits are great and reasonably" (in 10 reviews)

Cons

"Doesn't have CPC and slow promotion" (in 9 reviews)
"pathetic work culture" (in 8 reviews)
"Insensitive management is the weakness" (in 7 reviews)
"Work pressure is high but Manageable" (in 6 reviews)
"1. Very few staff is cooperative." (in 4 reviews)

5.0
14 Sept 2023
good
Insurance Agent
Current Employee, more than 8 years
Pune
Recommend
CEO Approval
Business Outlook
Pros
best firm for insurance agents
Cons
there are no cons for this firm

Tech India

works at EY

I am planning to buy a Life Term Insurance Policy for myself. Age :24. Please help me understand which company is best for term policy? What all factors should I consider while buying the term insurance and for how much years should I buy it. PolicyBazaar HDFC Life HDFC ERGO General Insurance Company Tata Group ICICI Prudential Life Insurance Life Insurance Corporation of India

5 comments

Engineer 1

Honestly, I could use whatever advice you get for myself.

View 5 more replies

4.0
19 Sept 2023
Good
Administrative Officer
Current Employee, more than 8 years
Jabalpur
Recommend
CEO Approval
Business Outlook
Pros
Good company , like work culture
Cons
Timings responsibility transfer and promotion

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