Life insurance Corporation of India is the only public sector life insurance company and is of a giant stature. During the year 2018-19 the company under new business added 214 lakh policies with first year premium of 41000 crore. It has a market share of 72% in this face paced growing insurance industry of India. … Read more
All of us realize the importance of being covered under a life insurance policy. In the case of untimely death of the primary bread earner of the family how a death benefit under term insurance can save the dependants from a financial depression, we need not reiterate this fact. Life insurance companies also come up … Read more
Very often this happens that people don’t realize the importance of purchasing insurance in the golden days of youth. At this age some kind of thinking often comes to the mind of generally every young people that as I am perfectly healthy now and as in current situation everything is going fine with me buying … Read more
Life insurance is a very popular financial product for Indian customers. The only public sector life insurer in India LIC holds a major market share which is more than 65 percent along with its private counterparts run by major corporate houses of India like TATA, Bajaj, Kotak, Reliance and some of leading banks like HDFC, … Read more
Our constitution guarantees equality to all its citizens irrespective of caste, financial status, colour or gender. Since independence it has been one of the prime agendas of the governments in power to promote the right to equality granted by the constitution in every part of the society and country. The current government has also come … Read more
Money back insurance plan is a form of life insurance which is quite popular and it addresses some of the liquidity drawbacks of a traditional life insurance products. It is the one which pays back a specific percentage of sum insured at specified fixed intervals within the policy period. It includes a death benefit and … Read more
Life insurance corporation of India is called as a giant in the life insurance segment of India with a market share of whooping 70 percent plus in number of policies and first year premium. When it comes to insurance business its all about matter of trust and dependability and common public of our country has … Read more
LIC Development officers are Class II officers who are recruited by the divisional office of Life insurance corporation of India through conducting an entrance examination and personal interview. Unlike LIC agents which is a commission-based temporary job development officer is a permanent job with salary and incentives. As life insurance corporation of India is a … Read more