Category: LIC

life insurance penetration 2

Too many life insurance policies are being dropped prematurely

The Insurance Regulatory and Development Authority of India (Irdai), in its Handbook on Indian Insurance Statistics 2015-16, has provided persistency figures of the life insurance industry—and they are not looking good. For FY2016, the life...

LIC ties up with Axis Bank to sell life covers 0

LIC ties up with Axis Bank to sell life covers

In one of the largest bancassurance partnerships since life insurance policy sale by banks was liberalised, industry behemoth LIC and third largest private sector lender Axis Bank on Thursday entered into a tie-up to...