LIC's unclaimed maturity amounts stand at Rs 881 crore in FY24LIC reported unclaimed maturity amounts of ₹880.93 crore in FY24, slightly up from the previous year. The government is employing various m...
16 Dec, 2024, 07.34 PM IST
LIC has Rs 21,500 crore unclaimed funds: How LIC policyholders can check for unclaimed amountIf any LIC policyholder or a beneficiary wants to know whether any amount under his/her LIC policy is lying unclaimed with the insurer, thi...
18 Feb, 2022, 10.16 AM IST
How to check if there is any amount unclaimed under LIC policyIf any money is left unclaimed for more than 10 years, all the amount is transferred to the Senior Citizen Welfare Fund, such funds are use...
31 Jan, 2022, 09.50 AM IST
LIC policyholders can submit maturity claim documents online till June 30, 2020The policyholders can send the maturity claims and survival benefit requirements by email. The mail should be sent to the servicing branch....
03 Jun, 2020, 05.20 PM IST
Rating cuts in Yes Bank add to worries of long-term bond investors including LIC and EPFOLong-term investors hold tier-II bonds worth more than Rs 22,000 crore in Yes Bank
09 Mar, 2020, 07.53 AM IST
Congress sceptical of disinvestment plan for LICCongress said the budget was devoid of a clear message or memorable idea and alleged the government "has given up on reviving the economy o...
02 Feb, 2020, 08.56 AM IST
Don't have money in your bank account to pay LIC premium? You can use your credit cardNow, for those who are short of cash, they can opt to pay their Life Insurance Corp. of India (LIC) policy premiums using their credit card...
04 Dec, 2019, 10.24 AM IST
Tax queries: Sum assured taxable if premium greater than 10%Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
06 Jul, 2018, 12.10 PM IST
LIC faces Rs 25 crore exposure to GitanjaliIf LIC pursues recovery under the Insolvency and Bankruptcy Code (IBC) in the National Company Law Tribunal (NCLT), it will have to give up...
07 Mar, 2018, 12.04 PM IST
Should you invest in LIC's Jeevan Utkarsh single premium policy?Jeevan Utkarsh is a non-linked, with-profit, single premium life insurance plan which comes with an option for accidental death rider.
31 Oct, 2017, 10.48 AM IST
Noida asks LIC to stop e-auction of housing land mortgaged by UnitechThe Authority claims it has no record of any permission sought or granted for mortgaging the land to LIC and that it has the first charge o...
13 Apr, 2016, 01.50 PM IST
Should you buy the LIC online term plan?Market leader LIC has finally launched its online term plan. The competitively priced policy could be a game changer for this fast-growing ...
26 May, 2014, 11.02 AM IST
- LIC pays Rs 1,137.99 crore as dividend to government for 2010-11
Country's largest insurer Life Insurance Corporation of India (LIC) has paid Rs 1,137.99 cr to the Government of India as dividend for 2010...
14 Mar, 2012, 09.32 PM IST
- LIC performs better than private life insurance cos in settling claims: IRDA
The Insurance Regulatory and Development Authority has said that the Life Insurance Corporation of India has performed better in terms of c...
29 Dec, 2011, 11.57 AM IST
- Query corner: Insurance
Our expert guides you in matters relating to insurance.
12 Jan, 2011, 06.26 AM IST
- LIC settles claims worth of Rs 539540 crores
Life Insurance Corporation of India (LIC) has settled over 2.11 lakh claims during the 2009-10 fiscal amounting over Rs 53,954 crore.
23 Sep, 2010, 10.23 PM IST
- Pvt sector insurance firms have more death claims than LIC: FM
Private sector insurance firms have more than three times the outstanding number of death claims on individual insurance policies compared ...
16 Mar, 2010, 12.50 PM IST