LIC

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…

The number of Covid cases has been dwindling in past few months. Offlate there seems to be a rise in the number of cases. Everyone must ensure that there is…

LIC is planning for an IPO and may be launched next year. The Chairman of LIC has been given extension till next year to oversee the process of successful launch…

The Life Insurance Corporation of India has launched Bachat Plus, a non-linked, participating, individual life assurance savings plan. The applicants may either pay the premium in lump sum (single premium)…