LIC has unclaimed maturity amounts of Rs 880.93 crore in 2023-24. Over 3.7 lakh policyholders have failed to collect their funds in the fin...

The Life Insurance Corporation of India (LIC) is gearing up for a legal battle against ACESO, a company that buys and assigns LIC policies ...

LIC customers have the option to electronically submit their documentation via the LIC site instead of physically submitting it. LIC is urg...

LIC Jeevan Arogya: Life Insurance Corporation of India (LIC) was ordered by National Consumer Disputes Redressal Commission (NCDRC) to pay ...

LIC’s qualified policies can be reinstated under this special revival campaign, subject to specified criteria and limitations, within 5 yea...

If a policy bond is partially destroyed due to natural disasters such as fire or flood, the remaining portion can be returned to LIC as pro...

LIC has announced concessions in an effort to ease the suffering of LIC policy claimants and Pradhan Mantri Jeevan Jyoti Bima Yojana recipi...

To ensure that the families of the impacted policyholders of the train tragedy receive the required support as well as to provide urgent fi...

As per this facility, if a policyholder is in one city and his/her policy documents are in another city, then such documents can be deposit...

The policyholders can send the maturity claims and survival benefit requirements by email. The mail should be sent to the servicing branch....

The LIC told the claimant that since last two premiums were not paid, he was not entitled to the policy benefits and it is liable to pay on...

The claims-to-settlement ratio for LIC was at 98.31 per cent, recording a marginal improvement.

LIC has been directed by a consumer forum here to pay Rs 6.5 lakh to a widow for rejecting her insurance claim on her late husband's policy...

Not declaring sick leave or ailments in a life insurance proposal provides sufficient ground to reject a death claim years later.

Insurance firm tries to dodge paying amount to accident victim, says one comma in policy meant he was not eligible for claim. Thumb rules o...

Percentage of rejected claims to total claims is much higher for private life insurance cos compared with state-owned Life Insurance Corpor...

Life insurance company cannot reject a claim filed by the family of a deceased, if his employer defaults in paying his policy's premium. Ke...