Life Insurance of India News
Here Are The Key Points Regarding The Procedure For Settlement Of Lic Maturity Claims
The interest rate for a 1-year term is 7 percent for deposits under Rs 20 crore and 6.75 percent for deposits beyond Rs 20 crore.
The non-linked, participating, individual, life assurance savings plan was launched by LIC on February 1, 2020.
In case of the unfortunate, the nominee gets the sum assured.
There is also a provision wherein a policyholder can take a loan against his or her investment in the LIC Jeevan Labh Policy.
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