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LIC S NEW ENDOWMENT PLAN PLAN NO.914

LIC’s NEW ENDOWMENT PLAN (UIN: 512N277V02) (A Non-Linked, Participating, Individual, Life Assurance Savings Plan).  LIC’s New Endowment Plan is a Non-linked, Participating, Individual, Life Assurance plan which offers an attractive c Read More

LIC S CANCER COVER PLAN NO. 905

LIC’s Cancer Cover (UIN: 512N314V02) (A Non-Linked, Non-Participating, Individual, Health Insurance Plan). LIC’s Cancer Cover is a regular premium payment health insurance plan which provides financial protection in case the Life Assured is diag Read More

LIC s JEEVAN AROGYA PLAN NO. 904

LIC s JEEVAN AROGYA (UIN: 512N266V03) (A Non-linked, Non-Participating, Individual, Health Insurance Plan) LIC s Jeevan Arogya is a unique non-participating non-linked plan which provides health insurance cover against certain specified health risks Read More

LIC S NEW ENDOWMENT PLUS PLAN NO. 935

LIC s NEW ENDOWMENT PLUS (UIN: 512L301V02) (A Unit Linked, Non-Participating, Individual Life Insurance Plan). LIC s New Endowment Plus is a Unit Linked, Non-Participating, Regular Premium, Individual Life Insurance plan which offers investment cum Read More

LIC S NEW JEEVAN SHANTI PLAN NO. 858

LIC’s New Jeevan Shanti (UIN: 512N338V01) (A Non-Linked, Non-Participating, Individual, Single Premium, Deferred Annuity Plan) This is a single premium plan wherein the Policyholder has an option to choose between Single life and Joint life Deferr Read More

LIC S JEEVAN AKSHAY - VII PLAN NO. 857

LIC’s Jeevan Akshay-VII (UIN: 512N337V01) (A Non-Linked, Non-Participating, Individual Immediate Annuity Plan)  This is an Immediate Annuity plan wherein the Policyholder has an option to choose type of annuity from 10 available options on paymen Read More

LIC s SIIP PLAN PLAN NO. 852

LIC s SIIP (UIN: 512L 334 V01) (A Unit Linked, Non-Par“cipa“ng, Individual Life Insurance Plan) LIC’s SIIP is a Unit Linked, Non-Participatinng, Regular Premium, Individual Life Insurance plan which offers insurance cum investment cover througho Read More

LIC’s JEEVAN AMAR PLAN PLAN NO. 855

LIC’s Jeevan Amar (UIN: 512N332V01) (A Non-linked, Non-participating, Life Term Assurance Plan) LIC’s Jeevan Amar plan is a Non-Linked, Without Profit, pure protection plan. The plan offers the flexibility to choose from two death benefit options Read More

NIVESH PLUS PLAN PLAN NO. 849

LIC’s Nivesh Plus (UIN: 512L317V01) (A Unit Linked, Non participating, Single Premium, Individual Life Insurance Plan)LIC’s Nivesh Plus is a Unit Linked, Non-Participating, Single Premium Individual Life Insurance plan. On payment of single premi Read More

Performance of Life Insurance Corporation of India part-II By R. Ramakrishnan Retd. CHIEF ACTUARY (LIC OF INDIA)

The Management Expenses of a life insurance company can be divided into two parts: Expenses in respect of agency commission and Operating Expenses. The agency commission will be directly related to premium income. Hi Read More

PERFORMANCE OF LIFE INSURANCE CORPORATION OF INDIA PART-I By R. Ramakrishnan Rtd.Chief Actuary LIC Of India

I concluded my last article on “Disinvestment of LIC” with the statement that, “In my next article, I will trace the Performance of the Corporation over the years and the strategy to be adopted in future”. Ju Read More

THEY FOUGHT AGAINST CANCER AND SURVIVED

Celebrities from the world of cinema to sports who battled cancer care and came out of Victorious. As we go to press more and more celebrity names get added  to this list. All these famous men and women fought the Emperor of Maladies bravely and Read More

INCIDENTAL RISE OF CANCER

Cancer cases have risen proportionately to population growth. Of which breast and cervical cancer are the commonest among Women in India.India is the only country where percentage of incidences of all cancer put together has remained quite static Read More

FRIENDS OF CANCER SURVIVORS

While support Groups Address the Major concern of Cancer Survivors the palliative care centers attend to pain management issues of the terminally ill. Support groups councel and advise others grappling with the trauma of having being diagnosed or Read More

BATTLING THE BIG C

Unlike Communicable diseases, in cancer, Its a Rouge Gene or Genes Which attack the body from within. Oncologists Believe that Cancer is curable if diagnosed early. Surekha Kadapa Bose and Hiren Kumar Bose on Cancer Scenario in India.

Th Read More

A GOOD CHOICE TO MEET THE UNIQUE FINANCIAL NEEDS FOR GROWTH AND LIQUIDITY OF FUNDS

Flexibility and convenience are two aspects that the youngsters look for day-day lives. Different insurance products are created to offer such conveniences of combining protection, savings and investments. Unit linked insurance plans or ulips are Read More

START EARLY TO BUILD WEALTH

Now that you do know what it takes to create wealth, make an early start as soon as possible. Do not procrastinate, consider you young age as the biggest advantage to Eearly and fund your future financial goals which is what is typically done by y Read More

LIFE INSURANCE AND TAX SAVINGS

Tax deduction up to Rs. 1.5 lakh under section 80C is available on premium one pays towards a life insurance policy being in force. This deduction is available to the assesse on policies on their own name or their spouse or children. In case of HU Read More

KNOW YOUR POLICY EVEN BETTER

The Flexibility of Life Insurance Policy is the multiple options that it provides to a buyer ; It could be to save money, invest money or just money for a future financial goal such as retirement or child"s ecucation among ohters Given this wide c Read More

ROBUST DIGITAL SERVICES

LIC has been a technology pioneer with its own development centre which has over the years introduced features and conveniences which makes the task of customers very easy. The in house developed core insurance package eFEAP (Enterprise Front End Read More

HEALTH INSURANCE TERMINOLOGY

Young Indians are chasing fitness like never before, yet due to their erratic lifestyles  and habits, chances of contacting health  issues such as diabetes and hypertension  is much higher. It thus becomes important for them  to consider healt Read More

LIC AGENCY - A GOLDEN CAREER OPTION

The Life Insurance agent Plays a very crucial role between the policy holder and the lifeinsurance Company by acting as main link between the two. the face of the Insurance company in the market. Agents facilitate the smooth sale of insurance prod Read More

LIC AND MILLENNIALS: A WINNING ASSOCATION

Another desire that rides high among youngsters is financial freedom. Spending it comes easy, but saving it poses a challengefor them. But they equally grapple when it comes to managing their money. Going by the available data on household savings Read More