The Life Insurance Corporation of India (LIC) has launched a new digital initiative known as the ‘One Man Office’ (OMO) to improve the efficiency of its agents by offering 24/7 digital services. Introduced on February 17, 2025, this initiative is designed to align with LIC’s long-term goal of ...

LIC launches new 'Dhan Varsha' plan: Life Insurance Corporation (LIC) has launched a new scheme 'LIC Dhan Varsha.' This is a non-linked, non-participating, individual, savings life insurance plan that offers a combination of protection and savings. October 2022 Current Affairs Quiz This is ...

Life insurance corporation (LIC) has has reduced shareholding in Sun Pharmaceuticals by selling 2% stake, in the company for about Rs 3,882 crore, to 5.024%. The shares were sold through open market transactions during the period from May 17,2021 to July 22, 2022. As per the ...

Max Life Insurance Company Ltd has launched the ‘Max Life Smart Fixed-return Digital Plan’ with Policybazaar. It is a non-linked, non-participating, individual life insurance savings plan. This plan helps customers to meet their short-term financial goals. The plan also ...

The Life Insurance Corporation of India (LIC) has launched Dhan Sanchay, a non-linked, non-participating, individual savings life insurance plan . This plan offers financial assistance to the family in the event of the life assured's untimely death within the policy's term. ...

The Life Insurance Corporation of India (LIC), India’s largest insurer, has launched “Bima Ratna” – a non-linked, non-participating, individual, savings life insurance plan. The new plan, which is aimed at the domestic market, provides both protection and savings. Bima ...

The appointments committee of the Cabinet (ACC) has approved the extension of the tenure of MR Kumar as the Chairman of state-owned insurance company Life Insurance Corporation of India (LIC).  M.R.Kumar took charge as Chairman of LIC on March 14, 2019. This is ...

BC Patnaik has taken charge as Managing Director of Life Insurance Corporation of India. He was appointed as Managing Director vide a government notification dated July 5, 2021, LIC said in a statement. Prior to taking charge as Managing Director of LIC, Patnaik was ...