Indians across generations have been used to dealing with the ubiquitous Life Insurance Corporation of India (LIC) agent, who has pursued and cajoled them into buying life insurance policies – often ...

Life Insurance Corporation (LIC) agents are raising concerns over recent commission adjustments and new surrender value regulations, which they fear could impact their earnings. Under the new ...

MUMBAI: In 1932, Kikabhai Rangwala saw his family fortune dwindle away, leaving no income for one of the more prominent families in Amravati (Maharashtra). Scrounging the house for anything that could ...

Life Insurance Corporation of India (LIC) emphasised that it has introduced products in line with the New Product Regulations set by the Insurance Regulatory and Development Authority of India (IRDAI) ...

Life Insurance Corporation of India (LIC) believes an open architecture of insurance agents will be detrimental for the recruitment of agents in future. The parliamentary standing committee on finance ...

The finance ministry has announced measures that will benefit LIC employees and agents. They include an increase in the gratuity limit from Rs 3 lakh to Rs 5 lakh for agents, eligibility for renewal ...