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LIC Insurance in Mumbai. The 2026 Guide

Mumbai is India's financial capital and home to LIC's Central Office at Yogakshema, Nariman Point. The city has one of the densest LIC branch networks in the country.

Metro population

2.1 crore (metro area)

LIC branches

Approximately 90 branches across Mumbai metropolitan region

Zonal office

Western Zonal Office, Mumbai

Local Context. What Sells in Mumbai

Mumbai professionals often favour LIC SIIP and Nivesh Plus due to high disposable income and market-linked appetite. The high cost of living also drives demand for Jeevan Lakshya among breadwinners with young families.

Most Popular LIC Plans in Mumbai

Plan 954

LIC New Tech Term

Affordable pure life cover, your family gets the money if you're not around

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Plan 715

LIC New Jeevan Anand

Savings plan that keeps protecting you even after maturity

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Plan 752

LIC SIIP (Systematic Investment Insurance Plan)

SIP-like investment with life insurance cover

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Plan 745

LIC Jeevan Umang

Get paid every year for life, plus a lump sum at age 100

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Plan 749

LIC Nivesh Plus

Single premium ULIP for lump sum investment with market exposure

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Frequently Asked Questions

Where can I find LIC branches in Mumbai?

Approximately 90 branches across Mumbai metropolitan region. Visit the official LIC branch locator at licindia.in/Bottom-Links/Branch-Office for exact addresses, working hours, and contact numbers.

Which LIC plan is most popular in Mumbai?

Based on local buying patterns, the most popular LIC plans in Mumbai include LIC New Tech Term (Plan 954), LIC New Jeevan Anand (Plan 715), LIC SIIP (Systematic Investment Insurance Plan) (Plan 752). The best plan for you depends on your age, income, and goals.

Can I buy LIC online in Mumbai?

Yes. You can buy select LIC plans like New Tech Term (Plan 954), Digi Term (Plan 876), and SIIP (Plan 752) directly from LIC's online portal at licindia.in. For all other plans, you can request a callback through PolicyBros and we will connect you with an LIC representative.

What is the claim settlement process for LIC in Mumbai?

LIC claim settlement is centralised through the policyholder's servicing branch. Required documents include the death certificate, original policy bond, nominee identity proof, and claim form. LIC's average claim settlement time is 15 to 30 days when all documents are in order.

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