
(Source: SEBI Website) SEBI in its Board meeting held on 13th February has approved a Long term policy for Mutual Funds in India and also proposed Tax and Non – Tax incentives […]
(Source: SEBI Website) SEBI in its Board meeting held on 13th February has approved a Long term policy for Mutual Funds in India and also proposed Tax and Non – Tax incentives […]
UTI Unit Linked Insurance Plan (UTI ULIP) is an Investment cum savings product in a true sense with other benefits such as : 1. Insurance Cover : – Life Insurance Cover equivalent […]
Life Insurance Corporation has increased interest rates on loans against policies thereby shutting an arbitrage opportunity for policyholders. The corporation has also increased interest rates on delayed payments. Until recently the corporation […]
The country’s largest insurer, Life Insurance Corporation of India, plans to reduce its term insurance rates. Term insurance policies refer to those covers where the insurance company makes a pay out only […]
D.K. Mehrotra, Current-in-charge Chairman of the Life Insurance Corporation (LIC) of India, handed over a cheque for Rs 11,37,99,41,904 to Pranab Mukherjee, Union Finance Minister, in New Delhi. D.K. Mittal, Secretary, Department […]
Source : ET Dt. 12.03.2012 Get Jeevan Cover and Higher ‘Vriddhi’ in Maturity Gains Product Details LIC’s Jeevan Vriddhi is a single premium policy with a 10-year term that offers guaranteed returns […]
Life Insurance Corporation remained well ahead of private rivals in living up to the purpose of insurance by settling 97.03% of claims in 2010-11, helping the state-run giant retain its market dominance […]
According to the data collected by the Insurance Regulatory Development Authority (Irda), during 2011-12, life insurance industry sold close to 19.6 million policies, 15.31 per cent lower, compared to 23.14 million policies […]
In an interesting turn of events, the government has decided to ask the Life Insurance Corporation (LIC) to consider picking up 10 per cent stake in the troubled Kingfisher Airlines. The government […]
Federal Bank has signed a pact with the country’s largest insurer Life Insurance Corporation of India (LIC) for paying maturity / survival / money back proceeds of policies. Till now, the maturity […]
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