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  2. Life Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Life_Insurance_Corporation

    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 ]

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  4. Insurance Regulatory and Development Authority - Wikipedia

    en.wikipedia.org/wiki/Insurance_Regulatory_and...

    The LIC absorbed 154 Indian and 16 non-Indian insurers and 75 provident societies. The LIC had a monopoly until the late 1990s, when the insurance industry was reopened to the private sector. General insurance in India began during the Industrial Revolution in the West and the growth of sea-faring commerce during the 17th century.

  5. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    In flexible-premium policies, large deposits of premiums could cause the contract to be considered a modified endowment contract by the Internal Revenue Service (IRS), which negates many of the tax advantages associated with life insurance. The insurance company, in most cases, will inform the policy owner of this danger before deciding their ...

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  7. Insurance in India - Wikipedia

    en.wikipedia.org/wiki/Insurance_in_India

    By 2020 Indian Insurance is a US$280 billion industry. However, only 500 million people (36.23% of the total population of 1 billion) are covered under Mediclaim. [6] ...

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  9. Couple Accused of Faking 6-Year-Old Son's Cancer, Raising ...

    www.aol.com/couple-accused-faking-6-old...

    A couple in Australia have been accused of faking their young son's cancer diagnosis "It will be alleged that the accused shaved their 6-year-old child’s head, eyebrows, placed him in a ...