Good News For LIC Investors! Shares Cross Retail IPO Price For First Time
The Life Insurance Corporation of India has touched 5.71 trillion market capitalisation.
Stay updated with breaking news from Lic Jeevan Utsav. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Life Insurance Corporation of India has touched 5.71 trillion market capitalisation.
LIC on Thursday reclaimed market capitalization of Rs 5 lakh crore-mark after the shares of the company hit a 52-week high on the bourses.
Jeevan Utsav is meant to generate regular income over the long term, after the premium-paying years. The 10 percent on sum assured may sound stellar, but the internal rate of return is 5.7-6.04 percent, depending on age, sum assured, and premium-paying term.
LIC Jeevan Utsav Plan can be purchased Offline through Licensed agents, Corporate agents, Brokers, Insurance Marketing Firms as well as Online directly through LIC website.