LIC Best Policy: Make only 1 installment and Get 7000 per month lifetime

LIC

We all know how much you love LIC and our articles on LIC policies. Today we are telling you about such a policy that you will have to give only 1 instalment and you will get income every month after retirement. The policy is called LIC Jeevan shanti. Let us tell you about this policy in detail. Note:  “All the Immediate Annuity Options (i.e. Option A to J) available under LIC’s Jeevan Shanti (Plan No. 850) (UIN: 512N328V02) have been withdrawn with effect from 25.08.2020. Two options of Jeevan Shanti…

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Government set to sell 25 percent stakes of LIC.

LIC

As Prime Minister Modi is looking for resources to bridge the widening gap in the budget, authorities are now seeking cabinet’s approval to sell 25 percent of the nation’s largest life insurer, Life Insurance Corporation (LIC). To prepare the sale of the insurance body, the government plans to amend the act of the parliament under which the Life Insurance Corporation was set up. The sale of the insurance body will be conducted in phases and depending on the market conditions, the timing of the insurer’s initial public offer will be…

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LIC Jeevan Labh Policy: Eligibility, Premium And Other Details Here

LIC

LIC Jeevan Labh policy can be purchased any individual in the age group of 8-59 years if the policy term is for 16 years. Life Insurance Corporation (LIC), the country’s largest life insurer which offers various insurance policies like terms insurance policies, money back insurance plans, pension plans and health insurance plans also offers endowment insurance policies. Endowment plans offer a combination of protection and savings, LIC said in a press release. LIC’s Jeevan Labh Policy is one of the endowment insurance policy being provided by the state-owned insurer. LIC…

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LIC and EPFO ​​will sell assets of Anil Ambani’s company Reliance Capital, decided to recover loan

According to the report, Reliance Capital Limited owes a large amount to EPFO ​​and Life Insurance Corporation. EPFO alone owes about Rs 2,500 crore to Reliance Capital. Anil Ambani, once a businessman, has now decided to sell the assets of his company Reliance Capital Limited due to the debt crisis. Recently the company proved to be a defaulter in repaying loans of debenture holders and other lenders. After this decision has been taken. The assets that the company is going to sell include the entire stake of Reliance Securities, Reliance Health and Reliance General…

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