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The "LIC's Bima Sakhi Yojana" [27] scheme is a significant program introduced by the Life Insurance Corporation of India (LIC) under the guidance of the Government of India [28]. The scheme was officially inaugurated by Prime Minister Narendra Modi [29] [30] [31] on December 9, 2024, in Panipat, Haryana. The program aims to empower women by ...
[47] [48] Soon after in January 2024, the Life Insurance Corporation, which holds the trademark rights to the LIC initialism, sent a cease and desist notice to the team, accusing them of trademark infringement and ordered them to change the title at the earliest. [49] This led to the team announcing the new official title, Love Insurance ...
Notification Date 12 April 2024 Last Date for filing nomination 19 April 2024 Scrutiny of nomination 20 April 2024 Last Date for withdrawal of nomination 22 April 2024 Date of poll 7 May 2024: Date of counting of votes/Result 4 June 2024: No. of constituencies: 2
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.
Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956. All private life insurance companies at that time were taken over by LIC. In 1993, the Government of India appointed RN Malhotra Committee to lay down a road map for privatisation of the life insurance sector.
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] ...
Notification Date 29 April Last Date for filing nomination ... 9 May Date of poll 25 May: Date of counting of votes/Result 4 June 2024: No. of constituencies: 7
Notification Date 18 April 2024 Last Date for filing nomination 25 April 2024 ... 13 May 2024: Date of counting of votes/Result 4 June 2024: No. of constituencies: 17