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NewsLife Insurance Corporation of India (LIC)

Life Insurance Corporation of India (LIC) News

10 Nov 2022

LIC Policy: Want to become crorepati? Get Rs 1 crore by just paying premium

The scheme was launched in 2017. It is a benefit programme with a market-based component. Minimum Sum Assured in this scheme is Rs 1 Crore.

Life Insurance Corporation of India (LIC)

29 Oct 2022

LIC Dhan Rekha: Invest Rs 6.7 lakh and get Rs 23 lakh; Check details here

LIC Dhan Rekha is a non-linked, non-participating, individual, savings and life insurance plan It comes with either a one-time investment option or a yearly premium payment choice. LIC Dhan Rekha plan offers a maximum guaranteed addition of Rs 60 per thousand basic sum-assured

Life Insurance Corporation of India (LIC)

29 Oct 2022

Good News for LIC Shareholders! Company plans bonus shares, dividends

Shares of Life Insurance Corporation of India (LIC) have dipped around over 35 per cent in the last six months LIC is planning to issue bonus shares and dividends of about Rs 1.8 lakh crore to the shareholders On Friday, LIC shares fell to Rs 593 apiece.

26 Apr 2022

LIC fixes price band at Rs 902-949 a share for Rs 21,000 crore IPO

The issue is likely to open for subscription on May 4 and is expected to close on May 9. LIC would offer a Rs 60 discount for policyholders and Rs 40 for retail investors and employees. Last week, the government decided to lower the issue size to 3.5 per cent.

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