Raviraj Parekh
June 27, 2020
LIC – Life Insurance Corporation of India stands first in claim settlement ratio compare to private life insurance companies in 2013-14. As per IRDA report in 2013-14 life insurance companies had settled total 856622 individual insurance policy claims. Total payout of these claims was Rs 10,860 …
Raviraj Parekh
June 16, 2019
LIC JEEVAN SUGAM is a new product in the bunch of Single Premium plans of LIC.LIC JEEVAN SUGAM plan is launched on 25th Feb, 2013. This plan is close ended plan and available for only 45 days. The basic features of this plan are as follows: Jeevan Sugam Features- Single Premium Guaranteed Maturity Sum Assured with …
Shitanshu Kapadia
December 13, 2012
Country’s largest insurer Life Insurance Corporation of India (LIC) has launched a non unit-linked single premium product Jeevan Vaibhav with minimum premium of about 95,000 Rs/-. LIC’s Jeevan Vaibhav is a close-ended single premium endowment assurance plan which offers guaranteed benefits on death and maturity along with Loyalty …
