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ATTENTION ALL LIC POLICY HOLDERS

Posted on September 16th, 2011 in News

All our valued policyholders / Master Policy holders / Annuitants / claimants are requested to give the Bank Account details by downloading the Policy e-payments NEFT mandate form or P&GS mandate form using the link provided.

LIC India increases bonus

Posted on September 4th, 2011 in News

The country’s largest life insurer, which reported a 10.3 per cent rise in net actuarial surplus at Rs 22,716 crore for 2010-11, compared to Rs 20,586 crore in the previous year, allocated Rs 21,580 crore for paying annual bonus to policyholders.

LIC pays Rs. 1030 crore dividend to Govt for FY10

Posted on February 4th, 2011 in News

The Gross Total Income of the Corporation rose to a mammoth Rs. 2,98,721 crores showing a phenomenal growth of 49.15% over FY 2008-09.

LIC of India, IRDA and Tax-free Infrastructure Bonds

Posted on January 30th, 2011 in News

The Insurance Regulatory and Development Authority (IRDA) has asked Life Insurance Corporation of India (LIC) if it is complaint with regulations regarding raising of funds through bonds.

Pension Plus

Posted on January 7th, 2011 in Pension

LIC’s Pension Plus is a unique ULIP plan where the minimum rate of interest is guaranteed. This plan is excellent investment towards essential long term financial planning.

Pranab assures LIC investors on safety of money

Posted on December 14th, 2010 in News

Union Finance Minister Pranab Mukherjee on Saturday assured the investors of Life Insurance Corporation of India that they would not lose any money on account of the recent unearthing of the housing loan racket involving some top officials of the LIC Housing Finance Ltd.

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 of India will provide school uniforms for tribal hostel students

Posted on November 2nd, 2010 in News

At the valedictory function of the Social Security Month celebrations of LIC Pension and Group Schemes Unit, Vellore Division held at Yelagiri Hills on Tuesday, Mr. Sharma distributed educational scholarships to beneficiaries enrolled in LIC’s social security scheme Janashree Bima Yojana.

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.

Rocket Sale of Endowment Plus

Posted on October 12th, 2010 in News

The Chandigarh division of Life Insurance Corporation of India (LIC) has topped among 107 divisions of the firm in the country by selling maximum policies of ULIP-based Endowment Plus, which was launched yesterday. “On the first day of the launch, our (Chandigarh) division sold maximum number of policies of Endowment Plus among our other offices in the country,” LIC (Chandigarh) Senior Divisional Manager Raghupal Singh told reporters here today.

 
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