News
Do I have enough money to retire? This is the most asked question in retirement planning. When I wrote about the need to take charge in your 40s, friends asked for a method to evaluate whether they have enough. Let’s consider some pointers.
Earlier, the Irdai had asked insurers to withdraw products by November 30 and to come up with the revised products from December 1.
Lastly, the pre-determined withdrawal rates may not work if your savings include high-risk investments, prone to market volatility.
LIC yet again beat the industry in the collections with a 44.5 percent YoY growth in new premium to Rs 1.2 lakh crore.
Are you LIC policy holder and have to pay extra charges during the payment of policy premium? Then from now, you don't have to pay any additional charges on LIC policy premiums. The Life Insurance Corporation or LIC has waived off the convenience fee on all payments, including payment through credit cards.
Now, for those who are short of cash, they can opt to pay their Life Insurance Corp. of India (LIC) policy premiums using their credit card. This is especially useful for those last-minute tax-savers who do not have enough money in their bank a/c.
At a time of economic slowdown, government-owned insurance group LIC has not only gained market share but has also made getting insured attractive to millennial population.
"If you look at people between 30 and 35 years old another 17 lakh policies. We have sold 44 lakh policies to people below 30 years old, or millennials," says TC Susheel Kumar, Managing Director of Life Insurance Corporation (LIC).
NSE said that the license has been suspended due to non-compliance with Sebi norms This action follows the 22 November Sebi order which had in preliminary findings held that the brokerage firm had misused client securities