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Life Insurance Corporation of India (LIC)

LIC gets RBI nod to increase stake in HDFC Bank to 9.99%; lender's shares in green

LIC gets RBI nod to increase stake in HDFC Bank to 9.99%; lender's shares in green

Mon, Jan 29, 2024

At around 9:23 a.m., shares of HDFC Bank traded 1.40 per cent or Rs 20.10 higher at Rs 1455.4 apiece. Meanwhile, at around the same time, LIC shares flat at Rs 903.3 apiece.

Govt grants one-time exemption to LIC to achieve 25% Minimum Public Shareholding in 10 years

Govt grants one-time exemption to LIC to achieve 25% Minimum Public Shareholding in 10 years

Thu, Dec 21, 2023

In a stock exchange filing, LIC said the Department of Economic Affairs has decided to grant a "one-time exemption to LIC to achieve 25 per cent MPS within 10 years from the date of listing i.E., till May 2032".

LIC Policy Jeevan Utsav: This LIC plan offers guaranteed returns, assured income, life insurance, and other benefits

LIC Policy Jeevan Utsav: This LIC plan offers guaranteed returns, assured income, life insurance, and other benefits

Fri, Dec 15, 2023

LIC's Jeevan Utsav Plan promises assured returns and guaranteed income. The minimum basic sum assured is Rs 5 lakh. The minimum age at the time of commencement of the policy should be 18 and the maximum age at the time of completion of the policy should be 75 years.

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LIC insurance policy holder? ALERT! Beware of these calls from fraudsters - Check warning message - DOs and DON'Ts for scheme holders

LIC insurance policy holder? ALERT! Beware of these calls from fraudsters - Check warning message - DOs and DON'Ts for scheme holders

Mon, Jun 14, 2021

Fraudsters try to fool or scam people of their hard-earned money by portraying themselves as an official of some of the reputed companies. It is very important for the general public to be aware of the authenticity of the call to protect themselves from the scam.

LIC Public ALERT! LIC to take legal action if you do THIS; issues warning for websites

LIC Public ALERT! LIC to take legal action if you do THIS; issues warning for websites

Sat, Jun 12, 2021

Life Insurance Corporation of India (LIC) has issued a public alert regarding the unauthorized use of its logo. LIC has said that its logo cannot be used on any website, publishing material and digital post without seeking prior permission.

LIC's holding at all time low on profit booking

LIC's holding at all time low on profit booking

Sun, May 30, 2021

LIC's holding across 296 companies where its holding is more than 1 per cent, slipped to an all-time low of 3.66 per cent as on March 31, 2021, down from 3.70 per cent as on December 31, 2020 and from all-time high of 5 per cent as on June 30, 2012, as per primeinfobase.com, an initiative of PRIME Database Group.

LIC Insurance Policy holders alert! BIG WARNING for you - Must know this to save your hard-earned money

LIC Insurance Policy holders alert! BIG WARNING for you - Must know this to save your hard-earned money

Wed, May 26, 2021

One must be careful if one receives any call from a person who claims to be an LIC or IRDAI official and offer alluring benefits, there are high chances that these calls might be fake.

LIC Scheme: You can invest in THIS policy to get Rs 6,859 every month - Check Jeevan Akshay details

LIC Scheme: You can invest in THIS policy to get Rs 6,859 every month - Check Jeevan Akshay details

Sun, May 23, 2021

Life Insurance Corporation of India (LIC) is offering the 'Jeevan Akshay' policy to people. The policy ensures a regular monthly pension for investors. people can invest in this policy for themselves or for their loved ones.

LIC policy holders' alert: Check policy, premium status online through these steps; Send SMS on THIS number to check other details

LIC policy holders' alert: Check policy, premium status online through these steps; Send SMS on THIS number to check other details

Thu, Apr 22, 2021

Life Insurance Corporation of Indian (LIC) has huge customer base and is a very popular insurance policy among government employees, including central government employees and pensioners.

LIC IPO: Good news for LIC insurance policy holders! Modi government confirms this big development

LIC IPO: Good news for LIC insurance policy holders! Modi government confirms this big development

Wed, Feb 10, 2021

LIC IPO News: LIC IPO has already created a big buzz as it seems the IPO will turn out as the mother of all IPOs so far!

FinMin invites bids from actuarial firms for valuing LIC ahead of IPO

FinMin invites bids from actuarial firms for valuing LIC ahead of IPO

Mon, Nov 16, 2020

In the bid notice, the Department of Investment and Public Asset Management (DIPAM) said LIC needs to develop an Indian Embedded Value (IEV) reporting framework for necessary disclosures for the proposed Initial Public Offering (IPO).

LIC IPO: Life Insurance Corporation listing may get delayed

LIC IPO: Life Insurance Corporation listing may get delayed

Wed, Feb 26, 2020

Life Insurance Corporation of India (LIC) IPO but will improve the accountability and transparency of the country`s largest insurer approvals may delay the execution beyond the government`s target deadline of end-March 2021.

LIC policy benefit: Know how section 10 helps you save income tax

LIC policy benefit: Know how section 10 helps you save income tax

Mon, Jul 22, 2019

LIC policy benefit: Section 10 lends a helping hand to taxpayers who are looking to reduce their taxes.

LIC policy: Get guaranteed return of Rs 1 lakh to Rs 5.4 lakh, pay just Rs 341 to Rs 5,118 premium in Jeevan Aadhaar plan; tax benefit available too

LIC policy: Get guaranteed return of Rs 1 lakh to Rs 5.4 lakh, pay just Rs 341 to Rs 5,118 premium in Jeevan Aadhaar plan; tax benefit available too

Mon, Jul 22, 2019

LIC policy: Among major highlights of this plan is that, premium begins at a cheap Rs 341 a month, with guaranteed return starting from Rs 1 lakh.

LIC policyholder? Beware of these frauds to save your money - Check do's and don’ts

LIC policyholder? Beware of these frauds to save your money - Check do's and don’ts

Sat, Jul 20, 2019

Fraudsters are misleading people posing as LIC officials, agents, IRDA officials and others.

Good news for IDBI customers: Strike called off, ATMs to work on March 30

Good news for IDBI customers: Strike called off, ATMs to work on March 30

Fri, Mar 29, 2019

A hunger strike was announced by the IDBI Bank's all-India Officers’ Association on March 26 2019.

Life insurers register 33 pc growth in new premium income at Rs 18,209 cr in Feb

Life insurers register 33 pc growth in new premium income at Rs 18,209 cr in Feb

Thu, Mar 14, 2019

India's life insurance industry witnessed a rise of 32.7 per cent in its collective new premium income at Rs 18,209.50 crore during February 2019, data from Irdai showed.

LIC AAO Recruitment 2019: 590 posts up for grabs; know all details here

LIC AAO Recruitment 2019: 590 posts up for grabs; know all details here

Tue, Mar 05, 2019

The candidates will have the online examination – Preliminary (tentative) on 4 and 5 May 2019. For Online main Examination(tentative) is on 28 June 2019.

Want the best term insurance plan? Read these 5 warnings first

Want the best term insurance plan? Read these 5 warnings first

Mon, Mar 04, 2019

A life insurance policy is a financial cover for an emergency that could visit a person any time that could lead to an accident and result in a disability, even death. Human life endangered due to natural, accidental or other causes. This is why it becomes essential to have term insurance.

New LIC New Group Leave Encashment Plan: What is it and who can benefit

New LIC New Group Leave Encashment Plan: What is it and who can benefit

Mon, Mar 04, 2019

LIC New Group Leave Encashment Plan: New Group Leave Encashment Plan by the Life Insurance Corporation of India (LIC) is an insurance plan for companies or business owners who employ a workforce.

How much life insurance do I need? The answer explained here in just 5 brief points

How much life insurance do I need? The answer explained here in just 5 brief points

Fri, Mar 01, 2019

Director, A&M Insurance Brokers, Sumit Wadhwa told Zee Business Online, ''The person should seek the help or advice of an insurance agent or broker to get the best cover plan suitable for his/her needs. The agent will understand the insurance needs and suggest the right type of cover plan''.

Benefits of life insurance: In 5 simple points, this is what it provides to family

Benefits of life insurance: In 5 simple points, this is what it provides to family

Thu, Feb 28, 2019

Benefits of life insurance: Life Insurance is not just a piece of paper, in fact, it is a financial cover for an emergency that could hit a human life anytime. Well, its a fact that human life is subject to risks of death and disability due to natural, accidental causes or other reasons.

LIC acquires additional 2% stake in Indiabulls Housing Finance

LIC acquires additional 2% stake in Indiabulls Housing Finance

Sat, Feb 10, 2018

With this deal, LIC will now hold 9.33% share in Indiabulls Housing Finance

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