News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Advts:
Classifieds |
Employment |
Obituary |
Business
-
Briefly
LIC to replace Bima Nivesh
BANGALORE,
FEB. 13.
Bima Nivesh, Life Insurance Corporation's unit linked triple cover plan, will go off the market by the end of this month to be replaced by a new product, Jeevan Saral. Company officials here said the new product would be launched on the same date, February 28.
In a bid to compete with high-liquidity products offered by the players in the market, LIC's, Jeevan Saral would return an assured sum 250 times the monthly premium paid by an investor taking life cover. In addition, if the investor chose to surrender the policy after ten years, he would get 90 per cent of the premium paid, the officials said. LIC also planned to introduce another new product to attract long term fixed deposit investors.
— Our Staff Reporter
Printer friendly
page
Send this article to Friends by
E-Mail
Business
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Advts:
Classifieds |
Employment |
Obituary |
Updates:
Breaking News |
|
