Savingwala



financial advisor for small saving

Clean chit to LIC of India – Transfer of profits case : IRDA

Posted on November 19th, 2010 in News

The insurance watchdog earlier said it would launch investigation in to the books of LIC pertaining 2009-10. J Harinarayan IRDA chairman said there is no violation committed by the LIC and it was just an actuarial shortage as to the current actuarial estimates.

LIC saves government’s divestment programme from disaster

Posted on November 17th, 2010 in News

Life Insurance Corporation of India (LIC) saved government’s divestment programme from disaster by investing up to 11,000 crore in public sector companies last year. According to the finance ministry statistics, LIC accounts about 43 percent of the Rs 25,000 crore raised by the government from four share issues.

LIC to issue Pre-paid cards to clients

Posted on November 7th, 2010 in News

LIC entered the credit card business in March 2009 by floating a wholly-owned subsidiary — LIC Card Services . The ‘LIC Cards’ are managed by Corporation Bank and the Visa is the payment service provider.

LIC to increase risk coverage of weaker sections in Himachal

Posted on November 3rd, 2010 in News

To provide a social security cover for weaker sections, Life Corporation of India (LIC), is all set to surpass last year’s target of bringing more than 59,000 people under a life cover that also provides additional benefits.

LIC crosses Rs 10 bn mark premium under new ULIPs

Posted on October 20th, 2010 in News

The Life Insurance Corporation of India (LIC) has crossed Rs 10 billion mark under the new ULIP plans, pension plus and endowment plus.

Rs2,800 crore for LIC of India policyholders

Posted on September 2nd, 2010 in News

Life Insurance Corporation Chairman TS Vijayan today said the life insurance major will pass on the tax benefits from the proposed Direct Tax Code to the new policyholders. “We will pass on the DTC benefits to the policyholders,” Vijayan told an insurance summit organised by industry body Assocham here today.

LIC India Declares 2009-10 Results [Rs. 23,478 Cr. Surplus]

Posted on August 23rd, 2010 in News

Life Insurance Corporation of India, India’s largest life insurer, has announced its audited figures for the financial year ended March 2010. LIC has declared a Valuation Surplus of Rs 23,478 crores of which Rs 1,029 crores is given to the Central Government as dividend. The Total Premium Income of the Corporation for the year rose [...]

LIC’s Jeevan Saral (ATM Plan)

Posted on June 6th, 2009 in Life Insurance

LIC of India’s Jeevan Saral is a unique life insurance plan having good features of the conventional plans and the flexibility of unit linked plans. Jeevan Saral offers Higher Cover, smooth returns, good liquidity and a lot of flexibility.

Jeevan Anand – Double Enjoyment Plan

Posted on November 18th, 2008 in Life Insurance

LIC of India’a Jeevan Anand is one of the best life insurance plan with modrate premiums payment, High risk cover and high retruns.

 
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