The Life Insurance Corporation of India has been a nation builder since its formation n 1956. True to the objective of nationalization, the LIC has mobilized the funds invested by the people in the life insurance for the benefit of the community at large.
LIC has deployed the funds to the best advantage of the [...]
Read More...
The Insurance Regulatory and Development Authority (Irda) has announced an overnight ban on all universal life insurance plans (ULPs). The regulator has told insurance companies that all current universal life plans will cease to exist from October 22.
In its order, IRDA said it has taken the decision after receiving complaints on the sale practices [...]
Read More...
February 15th, 2009
admin
LIC will launch Jeevan Varsha Policy. Jeevan Varsha is a `money-back’ plan with 2 policy terms, 9 and 12 years, with the premium paying term restricted to 9 years for both.The plan will be on sale till March 31.
The plan offers guaranteed additions of Rs 65 per thousand S A per year for the [...]
Read More...