Search results
Results from the WOW.Com Content Network
Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai.It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$610 billion) as of March 2024. [4]
The Insurance Repository in India is a database of insurance policies.It allows policy holders to make revisions to a policy. It launched on 16 September 2013. It is the world's first of its kind.
In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 [1] (worth ₹15 lakh & ₹41 lakh in 2017 prices). Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956.
Learn about all the AOL plans designed to keep you and your data protected. We offer mobile and data security, premium technical support, and protection from identity theft, viruses, malware and other online threats.
Following is the list of insurance companies in India which have been approved by the Insurance Regulatory and Development Authority of India (IRDAI) which is a statutory body regulating and promoting the insurance and reinsurance industries in India.There are three types of Insurance Companies in India which are as given below:
The money-back policy from Life Insurance Corporation in India is a popular insurance policy. It provides life coverage during the term of the policy and the maturity benefits are paid in installments by way of survival benefits in every 5 years. The plan is available with 20 years and 25 years term.
It aims to ensure that government services are available to citizens electronically and people get benefits from the latest information and communication technology. [64] Has expanded into production linked incentives, promotion of electronics manufacturing, R&D and improvement of the National Knowledge Network and electronic governance. [7]
It is listed in the Seventh Schedule of India's Constitution as a Union List subject, meaning it can only be legislated by the Central government. [ 1 ] The insurance sector has gone through a number of phases by allowing private companies to solicit insurance and also allowing foreign direct investment.