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Annuity Options (i.e. Option A to J) available under LIC’s Jeevan Shanti (Plan No. 850) (UIN: 512N328V02) have been withdrawn with effect from 25.08.2020.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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