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Lic Jeevan Akshay

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Pension schemes for non-resident Keralites

 The Kerala government has drawn upa scheme to provide pension and financial security to Keralites residing outside the state. Chief Minister A K Antony will formally launch the scheme, titled......

LIC's VNB margin growth higher than private life insurers in Q3 FY24

 State-backed Life Insurance Corporation of India (LIC) recorded strong growth in the value of new business (VNB) margin in the third quarter of financial year 2023-24 (Q3FY24) while major listed......

LIC extends surrender option on 6 annuity plans

 The Life Insurance Corporation has extended the option for surrender of six annuity schemes in response to demands by policyholders, especially senior citizens.The option to surrender the annuities......

LIC to relaunch two policies

 Life Insurance Corporation of India has decided to relaunch its traditional single-premium without-profit insurance polices to offer increased returns in line with rise in interest rates in recent......

LIC to offer critical illness cover for existing p

 Policy holders of Life Insurance Corporation can now add a critical illness clause to their existing covers.This follows the corporation withdrawing the last of the high assured return plans-......

LIC puts 7 plans on watch list for closure

 The Life Insurance Corporation of India has placed six to seven assured return policies on a watch list, senior LIC officials admitted.However, the management declined to identify the plans,......

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