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Life Insurance Corporation of India News
Life Insurance Corporation of India
Insurance@Rs100: This LIC plan provides life cover, scholarship for children at this cheap price
Sat, May 04, 2019
Life Insurance Corporation (LIC) of India is offering a life insurance plan at a premium of just Rs 100 per year! Named the Aam Aadmi Bima Yojna, the LIC plan is meant for the poor.
Annual Premium Equivalent: Private life insurers' APE grows 19% in March
Mon, Apr 22, 2019
In March 2019, private sector life insurance companies reported a 19 per cent year-on-year (y-o-y) growth in individual annual premium equivalent (APE), which has been gradually picking pace since November 2018, according to a Kotak Institutional Equities report.
New LIC Policy: Invest Rs 206 per day for your children and get whopping Rs 27 lakh in 25 years
Tue, Apr 09, 2019
Life Insurance Corporation (LIC) of India has launched New Children's Money Bank Plan 832, that allows you to invest Rs 206 and get Rs 27 lakh on policy's maturity.
Govt sells Rs 1,150 cr worth enemy shares in Wipro
Fri, Apr 05, 2019
At the price of Rs 258.90 per share, the the total value of the stocks sold amounts to nearly Rs 1,150 crore, as per the data that was available on the exchange on Thursday. The proceeds would add to the government's disinvestment kitty. More than 3.86 crore enemy shares were purchased by LIC.
Are you young and don't have medical insurance? 5 reasons that will make you rush to get it
Wed, Mar 20, 2019
Most of us make advanced plans to buy a house, jewelry, or a foreign education considering them as important investments. But, health insurance is equally important.
LIC Recruitment 2019: New officer jobs announced for Life Insurance Corporation aspirants at licindia.in
Fri, Mar 15, 2019
Interested candidates should submit their applications through the online mode on or before March 22, 2019. They must take a printout of the finally submitted online application for future reference.
From LIC to Income Tax to Home, Auto, Personal Loan Rates, these 6 big developments may impact you from today
Fri, Mar 01, 2019
LIC, Income Tax and Home Loan, Auto Loans Rates Latest Updates: Significant changes in connection to income tax, bank and election-related matters have come into effect from today. From March 1, six rules that concern the common man has been changed.
LIC launches Micro Bachat plan with assured sum of Rs 2 lakh: Check benefits
Tue, Feb 19, 2019
LIC’s Micro Bachat is a regular premium, non-linked, participating micro-insurance plan which offers a combination of protection and savings.
Explained: How to make LIC premium payment with EPF Corpus
Sun, Feb 10, 2019
The biggest problem faced by them very often is the lack of cash at the required time as the middle class keep juggling between different pressing financial needs throughout the year.
LIC to launch new ULIP products soon: Sources
Mon, Jan 21, 2019
State-run insurer Life Insurance Corporation of India (LIC) has planned to come up with new unit-linked insurance plan (ULIP) products.
Only 22% minority shareholders exit IDBI Bank following open offer by LIC
Mon, Jan 14, 2019
IDBI Bank would get huge amount of low-cost deposits of the policy holder and it can also cross-sale products of LIC. The bancassurance would generate good amount of cash, which according to experts would push them out of red. The bank had reported a net loss to Rs 3,602.49 crore during the September quarter of 2018-19.
High Court dismisses appeal against LIC move to acquire 51 per cent stake in IDBI
Fri, Dec 21, 2018
The association, in its appeal, told the bench that LIC's move to acquire 51 per cent stake in the IDBI violated provisions of the Insurance Act.
LIC Kanyadan Policy Detail: There is no such plan, says insurer; Check this shocking truth
Sat, Nov 17, 2018
The internet is flooded with reports and articles on LIC 'Kanyadan Policy' for the girl child.
LIC schemes: Get Rs 1 crore to Rs 10 lakh guaranteed return, insurance benefits!
Mon, Oct 15, 2018
LIC Bima Shree Policy vs Jeevan Shiromani Plan: The Life Insurance Corporation of India (LIC) provides several schemes that come with moneyback guarantee.
This LIC scheme guarantees Rs 1 crore, Insurance benefits and more; Details here
Sun, Oct 07, 2018
LIC's offers both protection and savings to High Net-worth individuals (HNIs).
Biggest wealth asset: Did you fail to get? You will lose your money
Thu, Oct 04, 2018
A human being’s biggest wealth is health. Health insurance as a protection measure improves not only the ability to treat disease, but also saves your hard-earned money from depletion. Protecting the savings, in turn, will give a security in your autumn years.
IL&FS group stocks end mixed, IL&FS Investment surges 10%
Wed, Sep 26, 2018
IL&FS group stocks ended mixed Wednesday, a day after state-owned insurer LIC said it will not allow debt-ridden IL&FS to collapse and explore options to revive it.
Have insurance policy? Never make this one mistake
Wed, Sep 26, 2018
The primary objective of a life insurance policy is to provide financial cover in the eventuality of a mishap and to provide a consistent flow of income in the absence of the breadwinner.
LIC Jeevan Shanti pension plan vs Jeevan Akshay vs Jeevan Nidhi vs Pradhan Mantri Vaya Vandana Yojana : Benefits explained
Sat, Sep 22, 2018
The Life Insurance Corporation (LIC) of India launched a new pension policy - Jeevan Shant - recently. The policy came as a surprise to many as it comes with a deffered annuity option.
LIC board approves investment plan to buy 51% IDBI Bank stake
Mon, Jul 16, 2018
Earlier in June 2018, insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI) approved LIC's proposal to increase its stake in troubled IDBI bank with certain terms and conditions. As per current regulations, an insurance company cannot own more than 15 per cent in any listed financial firm. However, it can own more stakes of a listed firm by seeking permission from IRDAI.