LIC News

The market capitalisation of Bharti Airtel lost Rs 29,936 crore to reach around Rs 10.75 lakh crore. 

This week, a total of 93 companies are set to trade ex-dividend, offering investors an opportunity to earn dividend payouts. Major firms like LIC, Hero MotoCorp, and Union Bank of India feature prominently, along with a diverse set of companies across various sectors.  

LIC issued a total of 30.43 lakh policies for the months of April-June 2025, compared to 35.72 lakh policies in the same period last year

Below is a step-by-step guide for both registered and new users, along with extra tips to make the process smooth for everyone.  

The report notes that LIC's 2025 brand value stood at $13.6 billion, up 35.1 per cent from its 2024 brand value of $10.07 billion.

Earlier this week, the State Bank of India (SBI) reduced its lending rate by 50 basis points following the Reserve Bank's policy rate cut.  

For further assistance, families can contact the nearest LIC Branch, Division, or Customer Zone. The LIC call centre can also be reached at 022-68276827.

In May, LIC collected Rs 14,374.87 crore in group premium up from Rs 12,632.26 crore in May 2024.

LIC Q4 Net Profit: The net profit for the financial year ended March 31, 2025, was Rs 48,151 crore as compared to Rs 40,676 crore for the year ended March 31, 2024, registering an increase of 18.38%.  

LIC Guinness World Record: LIC recently reported a 9.91% year-on-year increase in new business premium for April, outpacing the overall industry growth of 8.43% and the 6.09% rise recorded by private life insurers.  

As per the data, in the Individual Premium category, LIC posted a slight decline of 0.46 per cent, collecting Rs 3,160.87 crore in April 2025 compared to Rs 3,175.47 crore in April 2024. 

Infosys is often linked to the Murthy family, but they aren’t the largest shareholders. Surprisingly, someone else holds the biggest stake—showing just how diverse the company’s ownership has become over time.  

LIC said that all efforts will be taken to ensure that the claimants are reached out and claims are settled expeditiously to the affected families.

The nation’s largest insurer said in a statement that it “wishes to clarify that LIC is treated like any other insurance company by the Government and Regulators”, urging the US agency for a more balanced and factual appreciation of its role.

Here's the direct link to the List of Unclaimed Dividends for FY 2021-22 till 31.03.2024 and list of Unclaimed Dividends for FY 2022-23 up to 31.03.2024

LIC's Smart Pension Plan: LIC's Smart Pension Plan is a single-premium immediate annuity policy designed to ensure lifelong income. In the Joint Life category, annuity benefits can be extended to a family member, including a spouse, parent, grandparent, child, grandchild, sibling, or in-law.  

LIC's Smart Pension Plan: LIC's Smart Pension Plan is a single-premium immediate annuity policy designed to ensure lifelong income. In the Joint Life category, annuity benefits can be extended to a family member, including a spouse, parent, grandparent, child, grandchild, sibling, or in-law.  

LIC Smart Pension Plan 2025: The Life Insurance Corporation of India (LIC) has launched the LIC Smart Pension Plan, a non-linked, non-participating savings and immediate annuity plan for individuals and groups. This plan is designed to provide financial security and flexible retirement solutions, reinforcing LIC’s commitment to safeguarding policyholders’ futures. As a non-participating plan, it guarantees fixed benefits, payable either on survival or death, depending on the chosen annuity option. Policyholders can choose from various annuity options, including the Liquidity Option, Advanced Annuity Option, and Annuity Accumulation Option, to suit their financial needs. 

LIC Smart Pension Plan can be purchased Offline through Agents /Other Intermediaries including Point of Sales Persons-Life Insurance (POSP-LI) / Common Public Service Centers (CPSC-SPV) as well as Online directly through website www.licindia.in.

Life Insurance Corporation of India (LIC) scheme's easy installment option allows for payments to be made with ease, thus meaning long-term savings for lakhs of policyholders.