Can joint LIC policyholders apply for discounted IPO shares?Individual applications cannot be made by both beneficiaries of the demat account. Application can be made only in the name of the first/pr...
16 Feb, 2022, 10.19 AM IST
LIC pension policyholders can submit life certificate via emailLIC has also has relaxed the death claim settlement process. To allow speedy settlement of death claims in the prevailing situation where d...
13 May, 2021, 12.41 PM IST
LIC IPO back on the table: A money-back plan?LIC is a household name and stays top in the field even after facing private competition for last 20 yrs.
25 Sep, 2019, 04.27 PM IST
Insurance loses it to mutual fundsAfter demonitisation, banks have been flushed with funds. As interest rates are coming down, people are investing in mutual funds post demo...
23 Dec, 2016, 08.08 AM IST
Tax-free bonds better, stay away from annuities, say expertsLow annuity rates offered by insurance companies are torpedoing Jaitley’s ‘pensioned society vision’. And most experts are asking investors...
14 Mar, 2016, 10.23 AM IST
LIC chosen as default NPS annuity service providerPFRDA chooses state-run LIC as the default annuity service provider for subscribers exiting from NPS and seeking withdrawal of accumulated ...
03 Mar, 2013, 12.16 PM IST
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.
23 May, 2012, 04.46 PM IST
- Q&A: Insurance
It is not possible for an insurance company to state the maturity value of the policy in the beginning itself if it’s a participating polic...
11 Apr, 2012, 04.40 AM IST
- Forcing customers to buy annuities from the same insurer isn't the way to derisk LIC
The insurance regulator Irda wants a customer to buy an annuity from the same insurer who sells the pension plan.
09 Aug, 2011, 03.54 AM IST
- Pension, insurance regulators may merge: Irda chairman
The profitability of life insurance companies is rising as we have compelled them to lower expenses. Even their topline growth was around 1...
07 Jun, 2011, 06.23 AM IST
- IRDA gives clean chit to LIC in transfer of profits case
Insurance Regulatory and Development Authority (IRDA) on Friday gave a clean chit to Life Insurance Corporation of India, the largest insur...
19 Nov, 2010, 05.18 PM IST
- LIC plans to enter reverse mortgage space
LIC is in initial discussion with the housing finance regulator, National Housing Bank (NHB), for introducing this scheme to its clients, a...
15 Jun, 2010, 02.21 AM IST
- LIC plans to enter reverse mortgage space
LIC is in initial discussion with the housing finance regulator, National Housing Bank (NHB), for introducing this scheme to its clients, a...
15 Jun, 2010, 02.21 AM IST
Know more about New Pension SystemKnow more about New Pension System (NPS).
02 May, 2009, 12.36 AM IST
- 'LIC's Jeevan Bharati-I popular amongst women'
Life Insurance Corporation of India (LIC) sought to rest speculation that it had no policies for women and that it was unable to design one...
02 Nov, 2008, 01.01 PM IST
- LIC unveils unit-linked deferred pension plan
LIC has launched its unit-linked deferred pension plan, Market Plus 1, with four investment options, bond fund, secured fund, balanced fund...
20 Jun, 2008, 03.05 AM IST
- LIC launches Market Plus-1
Life Insurance Corporation of India (LIC) today launched its new linked deferred pension plan-Market Plus-1.
17 Jun, 2008, 08.26 PM IST