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LIC Dhan Vriddhi plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity to the life assured.

Regular bonus of 2.5% (net of tax in the hands of the policyholders) on core products

A fixed % of the Single Premium amount paid gets added to the Policy Unit Fund after completion of a specific number of year

LIC of India launched a new product LIC’s Amritbaal at the hands of Dr. Vivek Joshi, Secretary, Financial Services, Ministry of Finance, GOI.

Mumbai: The Life Insurance Corporation launched a new product LIC’s Amritbaal on Saturday. The new offering was launched by Financial Services Secretary Dr. Vivek Joshi.

By Surajeet Das Gupta Mumbai: Chairperson, Siddhartha Mohanty, Life Insurance Corporation of India launched a new plan, LIC’s Jeevan Dhara II which will be available for sale from 22.01.2024. LIC’s Jeevan Dhara-II is an Individual, Savings, Deferred Annuity Plan. The Unique Identification Number (UIN) for LIC’s Jeevan Dhara-II is UIN: 512N364V01 Minimum Age at Entry

Insurance behemoth Life Insurance Corporation of India (LIC) has launched many attractive insurance products in the year 2023. Here is a list of LIC products that were launched this year.

IndiaFirst Life introduces Guaranteed Single Premium Plan, offering financial protection and savings with guaranteed returns

— Primary mortgage insurance in force increases 5% year-over-year to $266.9 billion — — Total holding company liquidity grows to $1.3 billion — — PMIERs excess Available Assets of $1.7...

Excellent product for prospects desiring high Life Cover at reasonable cost. The plan is available for young people starting age of 18 and till the age of 65.