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MUMBAI: LIC plans to take the acquisition route to get into the health insurance business, said MD & CEO Siddhartha Mohanty. During the announcement of the company’s financial results for the first quarter, Mohanty said that the company is looking a
Customer perception towards life insurance has changed tremendously. People have become more aware after the pandemic.
The decision between life insurance and term insurance ultimately depends on individual circumstances, financial goals, and risk tolerance.
The high volume of surrendered and lapsed policies raises questions about the reasons behind such untimely exits and underscores the significance of surrender value for policyholders.
Traditionally, insurance agents and PoSPs have to refer to complex grids to understand the income potential from commissions. Add to that, there are over 72 parameters that need to be considered for ensuring payout.
The LIC stock closed at Rs 833.30 on Friday evening before starting the trading session on Monday at Rs 831.95. The stock ended its trading session up by 3.01 per cent at Rs 858.35 on Monday.
Bonus shares 2024: Integra Essentia board has set 11th January 2024 as record date for finalising list of eligible shareholders for issuance of bonus shares
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