The Punjab State Consumer Disputes Redressal Commission has directed the Life Insurance Corporation of India (LIC) to pay the double accident benefit claimed by the family of a businessman who…
Life Insurance Corporation of India (LIC) is set to launch three new insurance products from October 19, 2026, expanding its product portfolio across protection, savings and retirement needs. The new…
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a five-year reduction in Expenses of Management (EoM) limits, with life insurers required to bring EoM down to 15%…
The Life Insurance Corporation of India (LIC) has been directed to pay ₹5 lakh to the father of a deceased policyholder after a consumer commission found that the insurer had…
India’s life insurance industry recorded a 20.7% year-on-year increase in new business premium (NBP) to ₹47,004.84 crore in July 2026, compared with ₹38,958 crore in July 2025. The pace of…
A policyholder secured a ₹20,000 compensation after Life Insurance Corporation of India (LIC) delayed the payment of ₹83,000 over 11 years. The dispute arose when LIC failed to disburse maturity…
SBI Life Q4 profit slips despite premium growth SBI Life Insurance reported a marginal 1.1 per cent decline in net profit to Rs. 804.6 crore in the January-March quarter of…
Shares of Life Insurance Corporation of India are showing mildly bearish momentum according to recent technical market indicators, reflecting cautious investor sentiment despite the insurer’s strong position in the Indian…
In an era where financial products are becoming increasingly complex and market-linked, traditional life insurance offerings continue to hold a special place for Indian customers. Even in 2026, plans from…
Life Insurance Corporation of India (LIC) has launched two new digital applications—‘myLIC’ and ‘Super Sales Saathi’—aimed at enhancing customer engagement and empowering its distribution network. According to the report, the…