In a groundbreaking move toward women’s empowerment, Prime Minister Narendra Modi launched the LIC Bima Sakhi Yojana on June 17, 2024. The initiative by the Life Insurance Corporation of India (LIC) focuses on providing financial literacy and employment opportunities to women aged 18 to 70 who have completed at least Class X education. Participants will Read More…
The Life Insurance Corporation of India (LIC) has reduced the first-year commission for its agents from 35% to 28%, following a comprehensive revision of the surrender value guidelines. The move aims to align LIC’s agent payouts with the new customer-centric surrender value structure that ensures better benefits for policyholders who choose to terminate their policies Read More…