LIC offers concessions in late fee for other than term assurance and high risk plans, depending on the total premiums paid.
According to the 7 pm provisional report, 56,10,116 vaccine doses have been administered on Monday, the ministry said.
Under the 'Special Revival Campaign', policies of specific eligible plans can be revived within five years from the date of the first unpaid premium, subject to certain terms and conditions, the insurer said in a release.
The Life Insurance Corporation of India (LIC) on Thursday launched a campaign to encourage individuals to continue their risk cover, amid the coronavirus pandemic, where lapsed policies can be revived.
To encourage the continuation of risk cover in this difficult period, insurance behemoth LIC on Sunday said it will provide an opportunity for its policyholders to revive their lapsed policies.
LIC Policy ALert! Are you LIC policyholder and also holding Aadhaar card? Then here is a good news for you during the coronavirus crisis. LIC's Aadhaar Stambh (Plan-843) is one such scheme that is customised specially for Aadhaar card holding males to generate around Rs 4 lakh money after maturity. Apart from being a premium small savings scheme, Aadhaar Stambh also gives investors good after death benefits too.
LIC IPO: Making a big announcement, finance minister Nirmala Sitharaman proposed partial listing of Life Insurance Corporation of India (LIC) through an initial public offering (IPO). Modi government has decided to disinvest a part of its stake in LIC.
Budget 2020: Making a big announcement in her Budget speech, Finance Minister Nirmala Sitharaman said the government will sell a part of its stake in Life Insurance Corporation (LIC) through an Initial Public Offering (IPO). At present, the government owns the entire 100 per cent stake in Life Insurance Corporation of India (LIC).
LIC policy new rules: Life insurance policy will witness changes in rules from today as new guidelines for unit-linked insurance plans (Ulips) and traditional life insurance policies will come into effect. The Insurance Regulatory and Development Authority of India, (IRDAI), has instructed the insurers to make changes in Ulips and traditional life insurance policies.
Are you LIC policy holder and have to pay extra charges during the payment of policy premium? Then from now, you don't have to pay any additional charges on LIC policy premiums. The Life Insurance Corporation or LIC has waived off the convenience fee on all payments, including payment through credit cards.
LIC policy alert! Are you worried about your lapsed life insurance policy? Then here is a good news for you as State-owned Life Insurance Corporation (LIC) has introduced a facility to revive policies that have remained lapsed for over two years.
Life Insurance Corporation of India (LIC) is the State-owned largest insurance policy provider - for life insurance, health insurance, pension plans or several other insurance and pension schemes. There are several tax benefits LIC policyholders can get on their LIC policies.
New Delhi: If you have a LIC policy or planning to buy one, be prepared to pay more as premium amount from October 1 is all set to rise. Beginning next month, Life Insurance Corporation
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