Premium may rise, agent commission could decline as revised surrender value kicks in from TuesdayInsurance premiums may rise or agent commissions might be reduced due to new IRDAI guidelines for revised surrender values aimed at providi...
30 Sep, 2024, 08.07 PM IST
LIC sees red over policy 'trading' by ACESO, to take legal actionThe Life Insurance Corporation of India (LIC) is gearing up for a legal battle against ACESO, a company that buys and assigns LIC policies ...
14 Aug, 2024, 12.05 AM IST
LIC exploring possibility of setting up fintech arm: chairman Siddhartha MohantyIt is to be noted that LIC has added three fintech companies as corporate agents so far in the current year for product distribution. The i...
26 Nov, 2023, 01.26 PM IST
LIC exploring possibility of setting up fintech arm: Chairman"Our objective is to get best in class digital initiatives for all our stakeholders, customers, intermediaries, marketing people and everyb...
26 Nov, 2023, 01.23 PM IST
LIC Bima Ratna life insurance plan: 9 things to knowThis plan provides financial assistance to the policyholder's family in the event of the policyholder's untimely death during the policy te...
30 May, 2022, 11.20 AM IST
Record applications seen in LIC IPOLIC is currently commanding a premium of Rs 85 per share in the grey market, about 9% more than its price band of Rs 902-949 per share. Tho...
04 May, 2022, 10.57 AM IST
How to link PAN with LIC policy to invest in LIC IPOTo be able to be eligible to apply for the shares in LIC's IPO as an existing policyholder, it's important to make sure certain details are...
28 Feb, 2022, 11.07 AM IST
LIC policyholders need to update PAN details by Feb 28 to participate in IPOThe initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March and employe...
15 Feb, 2022, 08.30 PM IST
LIC files DRHP with Sebi for India's largest IPO, govt to offload 5% stakeThe issue is completely an offer for sale of 31,62,49,885 equity shares by the promoter, which holds a 100 per cent stake in the insurance ...
15 Feb, 2022, 01.27 PM IST
LIC discount offer buzz drives record 34 lakh demat account openings in JanA record 34 lakh demat accounts were opened in January, and it may be another record in February as all brokers are racing to get LIC polic...
11 Feb, 2022, 06.20 AM IST
Govt eyes over Rs 14 lakh crore valuation for LIC in IPOhe government is eyeing a valuation of over Rs 13 lakh crore to Rs 14 lakh crore for state-run Life Insurance Corporation of India (LIC). A...
10 Feb, 2022, 09.03 AM IST
How to file death insurance claim with LICHere is a step-by-step guide on submitting a death claim with LIC. Do keep in mind that the process of filing a death claim is completely d...
05 Aug, 2021, 09.44 AM IST
LIC gets show-cause notice from Irda for 'misleading' adsIrda has put a question mark on certain LIC advertisements that had the catch line -- 'last time to buy your favourite product'.
14 Jan, 2014, 07.14 AM IST
LIC stands to gain from SEBI-IRDA Ulip rowLIC is best placed in the industry to fill in the vacuum created by the uncertainty over Ulips.
14 Apr, 2010, 11.25 AM IST
- LIC restructuring Ulip costs to protect agent commissions
Life Insurance Corporation of India is looking to increase the minimum premium payable and minimum lock-in order to adhere to the expenses ...
23 Nov, 2009, 03.11 PM IST
- LIC makes plans to keep agents' commissions for ULIP intact
In order to keep agents' commissions for ULIPs intact, LIC is looking to increase the minimum premium payable and minimum lock-in order to ...
22 Nov, 2009, 11.07 PM IST
- How to trade an insurance policy
Want to earn a little more than what the insurance firm would pay you? Go, trade in your insurance policy.
28 Mar, 2007, 10.00 AM IST