by Team Small News | Apr 26, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC) has issued a warning to its policyholders about fake mobile applications that are misusing its name. The state-run insurer has advised customers to be cautious and only conduct transactions through its official platforms....
by Team Small News | Apr 23, 2025 | Insurance, LIC
The Indian life insurance industry has reported a 5.1% increase in new premium collection, reaching Rs 3.97 lakh crore in the financial year 2024-2025. This growth was largely driven by Life Insurance Corporation of India (LIC), which collected Rs 2.26 lakh crore in...
by Team Small News | Apr 23, 2025 | HDFC Standard Life, ICICI Prudential Life, Insurance, LIC
The life insurance industry in India has reported a 2% year-on-year increase in first-year premiums for the month of March, with total collections reaching ₹61,439 crore. This growth is a welcome relief after a weak February, which saw a 12% year-on-year decline in...
by Team Small News | Apr 14, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC) has introduced the Jeevan Shiromani Policy, a premium insurance plan designed for high-net-worth individuals. This non-linked savings and protection plan offers a unique combination of guaranteed returns and critical...
by Team Small News | Apr 12, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC), the country’s largest insurer, has launched its Marketing Technology (MarTech) platform, marking a significant milestone in its digital transformation initiative, Project DIVELIC. This launch marks LIC’s first...
by Team Small News | Apr 11, 2025 | Insurance, LIC
The District Consumer Disputes Redressal Commission in Mysore, Karnataka, ruled that an insured individual who takes out multiple insurance policies with different agents and uses various name variations, suggesting a pre-existing illness, must disclose this...