LIC’s shareholding slumped to an all-time low of 3.66% of the market value of all publicly traded firms at the end of March.(Livemint) LIC AAO/AE prelims admit cards 2021: Life Insurance Corporation of India (LIC) has released the admit card for the preliminary examination for the recruitment of Assistant Engineers (AE) and Assistant Administrative Officer (AAO) specialist posts. Candidates who have registered for the LIC recruitment examination can download their admit cards from its official website at www.licindia.in. The preliminary examination for the LIC recruitment of the mentioned posts is scheduled to be held on August 28. The exam was earlier scheduled on April 4, 2020. This...
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On July 19, 2021, the Life Insurance Corporation of India (LIC) launched Arogya Rakshak, which is a health insurance policy that is non-linked, non-participating, and has a regular premium. According to LIC "This plan provides fixed benefit health insurance cover against certain specified health risks and provides timely support in the case of medical emergencies and helps the insured and his family to remain financially independent in difficult times." Eligibility According to the press release of LIC: An individual can insure himself/herself as (principal insured), his or her spouse, all children, and parents under one policy. The plan is available for principal insured/spouse/parents...
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LIC आईपीओ को लेकर सरकार ने 3 दिन में लिए दो बड़े फैसले, जानिए अब कब तक आएगा IPO देश की सबसे बड़ी इंश्योरेंस कंपनी एलआईसी (LIC-Life Insurance Corporation of India) के आईपीओ को लेकर सरकार फुल एक्शन में आ गई है. सरकार ने इस ओर एक और कदम बढ़ा दिया है. विनिवेश विभाग ने लीगल एडवाइजर (Legal Advisor) नियुक्त करने के लिए आवेदन मंगाए है. आवेदन सौंपने की आखिरी तारीख 6 अगस्त 2021 है. आपको बता दें कि डिपार्टमेंट ऑफ इंवेस्टमेंट एंड पब्लिक एसेट मैनेजमेंट ने इस साल जनवरी 2021 में आईपीओ से पहले इसके वैल्यूएशन के लिए एक्चुरिअल फर्म मिलिमन एडवाइजर्स एलएलपी इंडिया की नियुक्ति की थी. यह आईपीओ भारतीय कॉरपोरेट हिस्ट्री का सबसे बड़ा आईपीओ हो सकता है. एलआईसी की सालाना रिपोर्ट के अनुसार, वित्त वर्ष 2019-20 में...
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LIC AAO results 2019: Know how to check results (Representative Image) LIC AAO result 2019: The Life Insurance Corporation of India has released the result for the recruitment examination for the post of Assistant Administrative Officer (AAO). The candidates who appeared for the same can download the result through the official website- licindia.in. The recruitment examination was held on May 4 and May 5 to fill 590 vacant posts. A total of 11781 candidates have qualified the LIC AAO exam. The selected candidates will get a pay scale between Rs 32,795 to 55,335 with other allowances. Candidates can also download LIC AAO 2019 result as well as the scorecard by entering registration number or...
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Life Insurance Corporation of India has introduced LIC’s Bima Jyoti, a Non-Linked, Non-Participating, Individual, Savings Plan which offers an attractive combination of protection and savings. This plan provides guaranteed lump sum payment at maturity and financial support to the family in case of unfortunate death of the policyholder during the policy term. It can be purchased Offline through agent /other intermediaries as well as online directly through website www.licindia.in Guaranteed Additions at the rate of Rs 50 per thousand Basic Sum Assured will be added to the policy at the end of each policy year. On death during the policy term after the date of commencement of risk, “Sum...
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Life Insurance Corporation (LIC) India has released a mega recruitment notification to fill around 8500 vacancies for Assistant positions across India. The notification for the recruitment can be accessed at the official website, licindia,in, and the application process has been initiated at the same website. The recruitment drive is being conducted for all the regions of LIC except the East Central Zone (Bihar, Jharkhand, and Odisha). Separate PDFs for all the regions for which the application has been sought can be accessed in this direct link and click on the relevant advertisement. The application link was activated today and the last day to apply for this LIC Assistant Recruitment...
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LIC of India made Rs 13,000 crore profit in equity until August this fiscal, says MD Raj Kumar The PSU insurance behemoth witnessed a surge in online premium collections, Kumar said. Life Insurance Corporation of India (LICI), which is preparing for its Initial Public Offer (IPO) despite volatility in the stock market, has already made a profit of Rs 13,000 crore from its equity portfolio till August this year, a top official said on Wednesday. The insurer has collected about Rs 87,300 crore of renewable premium till August this year, registering a growth of 13.5 percent over the same period of the last fiscal, he said. "The insurance industry had lost about Rs 45,000 crore in new and...
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Get LIC Golden Jubilee Scholarship Selected Candidates list 2021 Also check scholarship amount & application status online. Life Insurance Corporation of India has come up with a scholarship scheme in order to aid the minority section students. Students who are interested to apply for the LIC Golden Jubilee scholarship will have to fill in the application form that is available on the official website and one needs to submit that before 24 December. Applications are invited by the company for this scholarship scheme. LIC Golden Jubilee Scholarship Selected Candidates List 2021 The major objective of this scheme is to offer financial help to the economically weaker section candidates...
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LIC Merchant is those individuals who are involved in the premium collection process by LIC of India. LIC Merchants work like a link between Policy buyers and LIC of India. LIC merchant looks for details about Premium collection and also updates its details. This website is designed for LIC India agents, who are working online in the LIC portal and have access to the Premium collection process by LIC of India to login to LIC Merchant Login and the employee CLIA of LIC India. If they want to login to the LIC MERCHANT PORTAL, they can log in by clicking the above button MERCHANT LOGIN HERE. How to Login in Lic Merchant Portal? (Step by step process) First of all, you have to open your...
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Life Insurance Corporation of India (LIC) has come out with its Saral Pension scheme.(Livemint) Life Insurance Corporation of India (LIC) has come out with its Saral Pension scheme with effect from Thursday. The scheme is a non-linked, non-participating, single premium, individual immediate annuity plan. It is a standard immediate annuity plan according to the guidelines of the Insurance Regulatory and Development Authority of India (IRDAI) that provides the same terms and conditions across all the insurers. Here's what all the policyholders need to know: They have an option to choose the type of annuity from two available options on payment of a lump sum amount. The policyholders can...
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