LIC

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)…

LIC's Bima Jyoti is a Non-Linked, Non-Participating, Individual, Savings Plan which offers an attractive combination of protection and savings. This plan provides financial support for the family in case of…

Finance minister Nirmala Sitharaman  increased the foreign direct investment (FDI) limit in the insurance sector from the existing 49% to 74%. "I propose to amend the Insurance Act, 1938 to…

State-owned insurance behemoth Life Insurance Corp. of India on Sunday evening filed draft papers for the most-anticipated public share sale in memory, the biggest ever to hit the Indian stock…

India as a whole is practically under lock down since 25th March, 2020 as well as the same will continue till the situation improves and thereafter depending on the situation…

The Union Budget for 20-21 has proposed a new tax slab where no concessions for deductions will be available to taxpayers. In Fact the Insurance Industry was seeking an increase…

“Listing of LIC is a good move which will bring focus on the life insurance sector, other expectations of the sector could have been met better. The insurance industry will…

The Life Insurance Corporation (LIC) of India on November 23, 2022 launched two non-linked and non-participating pure risk insurance plans. Named Tech Term and New Jeevan Amar, the two policies…