LIC

New Insurance Plans The Life Insurance Corporation of India (LIC) has launched new term insurance products aimed at youth: LIC’s Yuva Term/Digi Term and LIC’s Yuva Credit Life/Digi Credit Life.…

Deepak Rajmal Kothari had taken Life Insurance Corporation of India's (LIC's) Jeevan Saral Policy (with profits) from its Udhna Branch. It stipulated the maturity sum assured as Rs. 2.5 million,…

LIC’s Group Credit Life Insurance is a non–linked, non-participating single premium group term insurance plan. This plan offers an insurance cover on death of the group member during the policy…

LIC has finally got the green signal from all of its Stakeholders to hold S1% shares in IDBI Bank and most of the formalities have also been completed. LICI may…

LIC's Jeevan Pragati Plan is a non-linked, with - profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every…

LIC's Micro Bachat is a regular premium, non-linked, participating micro-insurance plan which offers a combination of protection and savings. This plan provides financial support for the family in case of…

LIC’s Jeevan Amar plan is a Non-Linked, Without Profit, pure protection plan. The plan offers the flexibility to choose from two death benefit options viz: Level Sum Assured and increasing…

To spend a stress-free retired life, buying a retirement plan should be on the priority list. A retirement plan not only takes care of the financial expenses in the post-retirement…

Penalty on LIC for negligence LIC has been found guilty of deficiency in service by keeping the money of a consumer for five years without issuing a policy. In this…

The year 2021 is coming to an end. The last 2 years has been turbulent for all sectors but the Insurance industry after initial hiccups is recovering fast and is…