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irda-raises-questions

By LIC of India - Last updated: Monday, May 21, 2012

New Delhi: The life insurance industry and the Insurance Regulatory and Development Authority (IRDA) are at loggerheads over a recent letter written by the regulator raising questions on the product design and certain practices of insurers. Life insurers, who see this as an exercise by the regulator to justify the huge delay in product approvals over [...]

Monthly Scheme of LIC

By LIC of India - Last updated: Sunday, May 20, 2012

Below mentioned plan is NOT based on market Pay 1000/- monthly and get 4,44,397/- Pay 2000/- monthly and get 8,88,595/- Pay 4000/- Monthly and get 17,77,587/- Pay 5000/- Monthly and get 22,21,984/- Pay 6000/- Monthly and get 2,20,26,610/- Note : these plans are not based on market, these are Purely traditional plans of LIC Special [...]