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Life Insurance Corporation of India

Four of top 10 valued firms add Rs 1.71 lakh crore to mcap; HDFC Bank, LIC lead gainers

Four of top 10 valued firms add Rs 1.71 lakh crore to mcap; HDFC Bank, LIC lead gainers

Sun, Apr 07, 2024

Six companies from the top 10 pack took a Rs 78,127.48 crore hit to their market valuation with index major Reliance Industries accounting for the majority of the losses.

Market valuation of 5 of top 10 firms tanks Rs 2.23 lakh crore, LIC biggest laggards

Market valuation of 5 of top 10 firms tanks Rs 2.23 lakh crore, LIC biggest laggards

Sun, Mar 17, 2024

The market valuation of TCS jumped Rs 38,858.26 crore to Rs 15,25,928.41 crore. Bharti Airtel added Rs 11,976.74 crore to its mcap at Rs 6,89,425.18 crore.

LIC received refund orders for Rs 21,740 crore from Income Tax Department

LIC received refund orders for Rs 21,740 crore from Income Tax Department

Fri, Feb 16, 2024

In terms of market share measured by First Year Premium Income (as per IRDAI), LIC continues to be the market leader by market share in Indian life insurance business with overall market share of 58.90 per cent.

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LIC policy: New Money Back Plan-20-year plan: Know what it is, benefits and other details

LIC policy: New Money Back Plan-20-year plan: Know what it is, benefits and other details

Wed, Jun 12, 2019

LIC New Money Back Plan: Policy also looks after liquidity needs through its loan facility.

LIC AAO Mains Exam Admit card released at licindia.in: Here is how to download

LIC AAO Mains Exam Admit card released at licindia.in: Here is how to download

Wed, Jun 12, 2019

LIC India has uploaded LIC AAO Mains Exam Admit card on its official website on June 11, 2019. In March 2019, LIC AAO Recruitment 2019 online process started for the recruitment of 590 vacancies.

LIC New Jeevan Anand Plan: Check benefits and other details

LIC New Jeevan Anand Plan: Check benefits and other details

Sat, Jun 08, 2019

The policy also has the provision by which the policyholder will get the payment of lump sum amount at the end of the selected policy term

LIC customers alert! Know anything about your Life Insurance policy by doing this

LIC customers alert! Know anything about your Life Insurance policy by doing this

Sun, Jun 02, 2019

The policy statement tells you about the policy maturity, premium paid for the policy, policy status etc and this information can also be accessed through SMS.

How digitalisation can bring down your insurance cost, ensure lower premiums

How digitalisation can bring down your insurance cost, ensure lower premiums

Wed, May 29, 2019

Anik Jain, Co-Founder & CEO, Symbo Insurance believes, digitization has a role to play in effective delivery, claim settlement and distribution cost of insurance products and services. These areas and hence bring down insurance cost for customer.

LIC Jeevan Umang Policy: Know all benefits, premiums, maturity and other details here

LIC Jeevan Umang Policy: Know all benefits, premiums, maturity and other details here

Tue, May 28, 2019

LIC Jeevan Umang plan provides for annual survival benefits from the end of the premium paying term till maturity and a lump sum payment at the time of maturity or on death of the policyholder during the policy term.

Be calamity ready: Here is how to get home, business, household items, wedding event insured

Be calamity ready: Here is how to get home, business, household items, wedding event insured

Tue, May 07, 2019

Natural calamities don't alarm or even warn before hitting our lives. Fani cyclone hit Indian states of Odisha and West Bengal last week and the calamity resulted in life and financial loss.

Insurance@Rs100: This LIC plan provides life cover, scholarship for children at this cheap price

Insurance@Rs100: This LIC plan provides life cover, scholarship for children at this cheap price

Sat, May 04, 2019

Life Insurance Corporation (LIC) of India is offering a life insurance plan at a premium of just Rs 100 per year! Named the Aam Aadmi Bima Yojna, the LIC plan is meant for the poor.

Annual Premium Equivalent: Private life insurers' APE grows 19% in March

Annual Premium Equivalent: Private life insurers' APE grows 19% in March

Mon, Apr 22, 2019

In March 2019, private sector life insurance companies reported a 19 per cent year-on-year (y-o-y) growth in individual annual premium equivalent (APE), which has been gradually picking pace since November 2018, according to a Kotak Institutional Equities report.

New LIC Policy: Invest Rs 206 per day for your children and get whopping Rs 27 lakh in 25 years

New LIC Policy: Invest Rs 206 per day for your children and get whopping Rs 27 lakh in 25 years

Tue, Apr 09, 2019

Life Insurance Corporation (LIC) of India has launched New Children's Money Bank Plan 832, that allows you to invest Rs 206 and get Rs 27 lakh on policy's maturity.

Govt sells Rs 1,150 cr worth enemy shares in Wipro

Govt sells Rs 1,150 cr worth enemy shares in Wipro

Fri, Apr 05, 2019

At the price of Rs 258.90 per share, the the total value of the stocks sold amounts to nearly Rs 1,150 crore, as per the data that was available on the exchange on Thursday. The proceeds would add to the government's disinvestment kitty. More than 3.86 crore enemy shares were purchased by LIC.

Are you young and don't have medical insurance? 5 reasons that will make you rush to get it

Are you young and don't have medical insurance? 5 reasons that will make you rush to get it

Wed, Mar 20, 2019

Most of us make advanced plans to buy a house, jewelry, or a foreign education considering them as important investments. But, health insurance is equally important.

LIC Recruitment 2019: New officer jobs announced for Life Insurance Corporation aspirants at licindia.in

LIC Recruitment 2019: New officer jobs announced for Life Insurance Corporation aspirants at licindia.in

Fri, Mar 15, 2019

Interested candidates should submit their applications through the online mode on or before March 22, 2019. They must take a printout of the finally submitted online application for future reference.

From LIC to Income Tax to Home, Auto, Personal Loan Rates, these 6 big developments may impact you from today

From LIC to Income Tax to Home, Auto, Personal Loan Rates, these 6 big developments may impact you from today

Fri, Mar 01, 2019

LIC, Income Tax and Home Loan, Auto Loans Rates Latest Updates: Significant changes in connection to income tax, bank and election-related matters have come into effect from today. From March 1, six rules that concern the common man has been changed.

LIC launches Micro Bachat plan with assured sum of Rs 2 lakh: Check benefits

LIC launches Micro Bachat plan with assured sum of Rs 2 lakh: Check benefits

Tue, Feb 19, 2019

LIC’s Micro Bachat is a regular premium, non-linked, participating micro-insurance plan which offers a combination of protection and savings.

Explained: How to make LIC premium payment with EPF Corpus

Explained: How to make LIC premium payment with EPF Corpus

Sun, Feb 10, 2019

The biggest problem faced by them very often is the lack of cash at the required time as the middle class keep juggling between different pressing financial needs throughout the year.

LIC to launch new ULIP products soon: Sources

LIC to launch new ULIP products soon: Sources

Mon, Jan 21, 2019

State-run insurer Life Insurance Corporation of India (LIC) has planned to come up with new unit-linked insurance plan (ULIP) products.

Only 22% minority shareholders exit IDBI Bank following open offer by LIC

Only 22% minority shareholders exit IDBI Bank following open offer by LIC

Mon, Jan 14, 2019

IDBI Bank would get huge amount of low-cost deposits of the policy holder and it can also cross-sale products of LIC. The bancassurance would generate good amount of cash, which according to experts would push them out of red. The bank had reported a net loss to Rs 3,602.49 crore during the September quarter of 2018-19.

High Court dismisses appeal against LIC move to acquire 51 per cent stake in IDBI

High Court dismisses appeal against LIC move to acquire 51 per cent stake in IDBI

Fri, Dec 21, 2018

The association, in its appeal, told the bench that LIC's move to acquire 51 per cent stake in the IDBI violated provisions of the Insurance Act.

LIC Kanyadan Policy Detail: There is no such plan, says insurer; Check this shocking truth

LIC Kanyadan Policy Detail: There is no such plan, says insurer; Check this shocking truth

Sat, Nov 17, 2018

The internet is flooded with reports and articles on LIC 'Kanyadan Policy' for the girl child.

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