by Team Small News | Aug 25, 2025 | HDFC Standard Life, Insurance, LIC
Life insurance companies in India, including Life Insurance Corporation of India (LIC), HDFC Life, and SBI Life, are increasing the minimum and average value of policies to improve persistency and reduce lapses. Persistency refers to the percentage of policies still...
by Team Small News | Aug 23, 2025 | Insurance, LIC
A financial advisor has expressed disappointment with the returns offered by traditional Life Insurance Corporation (LIC) policies, stating that they provide “poor” benefits to policyholders. The advisor suggests that individuals should explore alternative...
by Team Small News | Aug 23, 2025 | Insurance, LIC, New India Assurance, United India Insurance
New India Assurance has been designated as a “Domestic Systemically Important Insurer” (D-SII) by regulators for the fifth consecutive year, since 2019. This title is also held by the State Bank of India and LIC, indicating that these entities are crucial...
by Team Small News | Aug 1, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC) has achieved a remarkable feat by earning a Guinness World Record title for selling the most life insurance policies in 24 hours. This incredible achievement was verified by Guinness World Records and recognizes the...
by Team Small News | Aug 1, 2025 | Insurance, LIC
Life Insurance Corporation of India (LIC) is prioritizing its mission of “Insurance for All” under the leadership of its Managing Director and CEO, R Doraiswamy. According to Doraiswamy, the primary objective of LIC is to ensure that every individual in...
by Team Small News | Jul 5, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC) has introduced two new non-par, non-linked individual plans, Nav Jeevan Shree and Nav Jeevan Shree Single Premium. These plans combine both savings and protection features, catering to the needs of individuals,...