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JEEVAN AKSHAY VI
Jeevan Akshay VI closes on December 1: Should you invest?If you are on the lookout for a guaranteed, lifetime pension product that is sovereign backed, should you invest in Jeevan Akshay before it...
How has retail money moved post demonetisation?Demonetisation could have an impact in the long-term as gold and real estate get more difficult to buy due to increasing regulations.
For LIC, Jeevan Akshay a cash cowThe official also said the insurance behemoth has set an annual revenue target from first year premium income at Rs 31,000 crore for this f...
Will online discounts on general insurance products make them more accessible?Life and general insurance products can soon be bought from the government’s website on discount. Here’s what’s on offer.
Insurance queries answered by Munish Sharda, Future General Life InsuranceEvery week, an expert selected by ET answers queries from our readers on insurance. This week, the queries range from online plans, life in...
IRDAI asks finmin to fix tax anomalies in annuitiesThe biggest downside of buying a pension plan is that the annuity returns are not comparable with tax-free bonds or even government bonds.
LIC offering 1% higher returns for online purchaseLife Insurance Corporation of India (LIC) has made available online its immediate annuity plan offering a 1% higher return for online purch...
If govt continues to treat LIC as an extension of coffers, co may lose strengthLIC manages assets worth Rs 13 lakh crore which is equal to 15% of India's gross domestic product of Rs 85 lakh crore.
- LIC launches online immediate annuity plan 'Jeevan Akshay VI'
The Life Insurance Corporation of India today launched immediate annuity plan Jeevan Akshay VI- for the online medium.
- LIC not a day trader, but a long-term player: DK Mehrotra Acting Chairman, LIC
In normal times the Rs 12 lakh-crore Life Insurance Corporation of India, the country’s largest financial institution , supports nearly 40%...
- LIC's Jeevan Akshay-VI: Steady income, but returns not so attractive
Individuals with no annuity (pension) benefit in retired life can look at purchasing immediate annuity product. LIC’s Jeevan Akshay-VI is a...