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LIC BONUS TO POLICYHOLDERS
LIC announces 1:1 bonus issue, sets May 29 as record dateLIC announced a 1:1 bonus issue, setting May 29 as the record date for eligibility. This follows Q4 earnings showing a 23% YoY rise in cons...21 May, 2026, 06.36 PM IST- LIC policy restructuring: Congress MP Manickam Tagore raises concern, writes to FM SitharamanCongress MP Manickam Tagore has written to Finance Minister Nirmala Sitharaman expressing concerns about recent LIC policy changes. Tagore ...11 Nov, 2024, 08.53 AM IST
- LIC policy: Put Rs 296 per day in this insurance policy and get Rs 60 lakh at maturity; check detailsLIC Jeevan Labh offers a lump sum payment at maturity for the surviving policyholder and financial support for the family of the deceased p...13 Oct, 2023, 12.03 PM IST
- LIC will double shareholders’ take in surplus to 10% in 3 yearsLife Insurance Corporation (LIC) has warned that the reduction in the share of the surplus to policyholders by way of bonus could make its ...14 Feb, 2022, 07.08 AM IST
- Rules of surplus distribution for LIC could be aligned with private rivals ahead of its IPOLIC is governed by a special law, which currently is allowed to transfer only 5 percent of its surplus to the funds of shareholders. Rest o...13 Sep, 2021, 05.03 PM IST
- Govt plans to revamp LIC’s rules for sharing surplusCurrently LIC, which is governed by a special law, is allowed to transfer 5% of its surplus to the shareholders’ fund. The remaining 95% go...13 Sep, 2021, 07.16 AM IST
- Jeevan Saral: Why you must evaluate endowment plans very carefullyA PIL was recently filed against LIC by investors in the Jeevan Saral plan. Here’s a look at how such endowment policies work.29 Jul, 2019, 06.30 AM IST
- LIC unions oppose acquisition of IDBI Bank by insurerThe Federation of LIC Class-I Officers Association said that the LIC has been forced to participate in the bank recapitalisation of PSBs an...10 Jul, 2018, 03.37 PM IST
- How bonuses impact life insurance policy returnsThe return is largely dependent on the bonus declared by the insurer. Read on to know how it impacts your policy's maturity value.21 Sep, 2016, 01.30 PM IST
- LIC lines up bonanza for the faithful, 17 crore policyholders to get 6% bonusPolicies that have lapsed in the near term, if they are revived, can also benefit from this one bonus. One can revive a policy within 2-5 y...02 Sep, 2016, 11.41 AM IST
- LIC transfers Rs 1,644 crore surplus to governmentLIC generated a total surplus at Rs 32,685.21 crore during FY14, up 13.8 per cent from Rs 28,727.64 crore in the previous fiscal.16 Dec, 2014, 09.48 PM IST
- A closer look at the working of with-profit insurance policies'With profit' products are sold by life insurance companies either as endowment assurance or whole-of-life plans.23 Mar, 2011, 06.40 AM IST
- Insurers may pass benefits in DTC to policyholdersInsurance policyholders could be in for a bonanza once the new DTC as insurers may pass on the tax benefit proposed in the bill.01 Sep, 2010, 05.00 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
- Ten years on, profit eludes most insurersA decade after the life insurance industry opened up, only four companies - MetLife, Aegon Religare, Kotak Life and LIC have managed to sho...02 Apr, 2010, 01.18 AM IST
- LIC declares higher bonusInsurance major Life Insurance Corporation (LIC) on Friday declared a bonus of Rs 70 per Rs 1,000 assured under all life-time plans for FY'...14 Sep, 2007, 03.36 PM IST
- LIC signals end of low-bonus periodLife Insurance Corporation (LIC) has announced a higher interim bonus, signalling that the slide in bonus rates witnessed since 2002 has fi...21 Dec, 2006, 02.33 AM IST
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