LIC Jeevan Utsav Plan 771 – In a world where financial markets are becoming increasingly volatile, and investment risks are rising, customers are increasingly attracted to policies that promise guaranteed returns. One such plan that has caught the attention of the people since its modified launch on October 1, 2024, is LIC Jeevan Utsav Plan … Read more
Diabetes and high blood pressure (BP) are two of the most prevalent chronic conditions in India. According to recent statistics, 11% of the population has diabetes and 36% suffers from hypertension. These numbers continue to rise due to changing lifestyles, increased stress, and a lack of physical activity. With such widespread health concerns, it’s no … Read more
The Protest of LIC Agents Against Restructuring of Commission and ClawBack Clause – On 14th October 2024, a significant protest letter was issued by the All India Life Insurance Agents Federation of India (AILIAFI) to Shri Siddhartha Mohanty, CEO and Managing Director of the Life Insurance Corporation of India (LIC). This letter highlights the deep … Read more
LIC Amritbaal Plan 774 is a newly introduced plan designed to secure a child’s future by offering both insurance and investment benefits. This plan replaces older children’s plans, such as Jeevan Tarun and Children Money Back, making it the only available option for parents looking to secure their child’s future through LIC. It is a … Read more
LIC Nivesh Plus Plan 749 – On October 11, 2024, the Life Insurance Corporation of India (LIC) introduced a revamped version of its popular plan, Nivesh Plus. This plan, known for its unit-linked, non-participating single premium investment options, has been designed to provide a balance of insurance coverage and equity investment, catering to individuals seeking … Read more
LIC Jeevan Lakshya Plan 733 – The Life Insurance Corporation (LIC) of India introduced a new version of its popular Jeevan Lakshya plan on October 1, 2024. The original Jeevan Lakshya, known under Table Number 933, has now been replaced by Table Number 733, offering updated features and more robust benefits. This plan is widely … Read more
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