LIC New Jeevan Labh Plan 736 – LIC Jeevan Labh has long been the cornerstone of Life Insurance Corporation of India’s (LIC) offerings, known for providing a unique blend of high insurance cover with relatively low premiums. With IRDAI’s recent master circular, the plan has been revised and its plan number has been changed to … Read more
LIC New Jeevan Anand Plan 715 – On October 1, 2024, LIC launched its new Jeevan Anand Plan 715 as part of a broader set of revisions in line with the IRDAI Master Circular. The plan has seen several key updates, making it a significant offering both for policyholders and agents. This article delves into … Read more
19 New LIC Plans Launched – As of October 1, 2024, LIC has introduced 19 new insurance plans following the IRDAI Master Circular, which mandated a significant overhaul of life insurance products across the sector. This move marks a significant moment in India’s insurance industry, as LIC adapts to regulatory changes to offer improved products … Read more
Surrender Value of LIC – On October 1, 2024, significant changes will take effect in the insurance sector under the newly issued IRDAI (Insurance Regulatory and Development Authority of India) Master Circular. These changes cover a wide range of policies, including life insurance, general insurance, and health insurance. The new circular has introduced several new … Read more
IRDAI rejected LIC proposal – On the eve of October 1, 2024, the Life Insurance Council of India conducted a crucial meeting that brought together representatives from all major insurance companies, the Insurance Regulatory and Development Authority of India (IRDAI), and the Life Insurance Corporation of India (LIC). The agenda was to discuss the implementation … Read more
LIC announces Testing Centre of Excellence (TCOE) in Bhubaneswar – September 26, 2024 – Life Insurance Corporation of India (LIC), the country’s largest insurance provider, has announced the establishment of a state-of-the-art Testing Centre of Excellence (TCoE) in Bhubaneswar, Odisha. This significant move marks LIC commitment to technological innovation, operational excellence, and the advancement of … Read more
ICICI Elevate vs Acko Platinum Plan – Choosing the right health insurance plan is crucial to safeguarding your health and finances. ICICI Elevate and Acko Platinum Plan are two of the most competitive products in the market, offering innovative features that cater to various customer needs. ICICI Elevate is known for its customizable options, including … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) periodically issues master circulars to bring significant changes and updates in the insurance sector, including life insurance, health insurance, and general insurance. On September 5, 2024, IRDAI issued a Revised Master Circular detailing important guidelines and changes aimed at improving the insurance experience for policyholders. This … Read more
PM Kisan 18th Installment Date 2024 – The eagerly awaited 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) Yojana is set to be released on October 5, 2024. For many farmers across India, this financial assistance of ₹2000 comes as a much-needed relief, especially as agricultural expenses and daily living costs rise. … Read more
NRI and PIO markets – In recent days, a significant announcement has come from LIC, which holds immense potential for insurance agents, particularly those aspiring to expand their business internationally. The news, released via a press statement by LIC on the 20th of September, has opened a new avenue for agents by easing the process … Read more
