Stock Market MF News

All of us working people work to achieve economic status. Buying a good house, depositing money for education and marriage of our children, living a relaxed life after retirement, etc. are our priority. We can meet our economic goals with investment and savings schemes.   There are many government schemes available in the insurance market through which we can live our life. If you too are considering taking a plan of Life Insurance Corporation of India, ie LIC, then this news can prove to be important for you.   This is because recently the Life Insurance Corporation (LIC) has introduced a new LIC policy ' LIC's Bachat Plus (Plan No. 861, UIN: 512N340V01). It has given the facility of saving along with security. Let's know the special features and LIC policy details of this policy. The 'Bachat Plus Policy' provides financial support to the next of kin of the policyholder on maturity during the term of maturity.   Also, if the policyholder is alive at the time of mat...

  Government Life Insurance Company Life Insurance Corporation of India (LIC) offers a variety of insurance and investment options. LIC policies are very popular with the public. In India, one who has a LIC policy has a secure future. One such LIC policy is New Bima Bachat policy plan no. 916. It is a non-linked saving cum protection policy scheme.   Here the premium payment is made in a lump sum at the beginning of the policy plan. This is a money-back policy plan. This money-back policy scheme provides financial protection against death during the policy term. Also, there is a provision for payment of survival benefits of the policyholder in a specified period during the policy term. In addition, at maturity, the single premium is returned with a loyalty bonus (if any available). This policy scheme also takes care of the cash needs of the investor, hence the loan facility is available in it.   This policy scheme has three policy term options depending on the age...

  Life Insurance Corporation of India has brought a new Jeevan Shanti deferred annuity plan policy. This annuity plan is a non-linked, individual, non-participating, single premium, deferred annuity policy plan. In this annuity plan, customers will also get loan facility. This annuity plan policy can be purchased both offline and online. LIC said that the annual rate guarantee for the new Jeevan Shanti policy plan is given at the beginning of the policy.   There are two options in the policy, the first option in this plan is the deferred annuity for one person (single plan). After the deferment period in this option, the annuity payment will continue for the life of the annuity recipient. If the annuitant dies, then in this condition the nominee will get his benefit.   Apart from the second option single, you can get a deferred annuity for joint life. In this annuity plan, the annuity payments will continue until the first or second person survives after the defer...

  LIC Jeevan Shiromani of LIC also offers savings along with policy protection. This is a non linked plan, in which a guarantee of a minimum of 1 crore is assured. The sum assured is the amount that the customer definitely gets from a Life Insurance Corporation of India. we are telling you about policy details of the special policy of LIC Jeevan Shiromani. LIC Jeevan Shiromani Policy (Table number 847) of Life Insurance Corporation is a LIC new money back plan scheme launched on December 19, 2016.   LIC Jeevan Shiromani a non linked, limited premium payment money back plan. It is a market-linked profit scheme. This scheme is specially designed for HNI (high net worth) customer. The LIC insurance also provides cover for critical illnesses and there are 3 alternative riders available. you can see full details of LIC policy Jeevan Shiromani on LIC site wwwlicindiain   Financial support is available after death   Jeevan Shiromani plan provides financial suppo...

  The importance of insurance policy has increased greatly in the run-of-the-mill life of people. A person can choose an insurance plan depending on his need and priority. An insurance policy brings investment, health and life cover all three major things. Life Insurance Corporation of India (LIC) offers insurance policies to suit the needs of different categories of people. One such policy of LIC is Aadhaar Shila Plan. It is also popularly known as LIC Aadhaar Shila. Let us know what are the benefits of this insurance policy.   Life Insurance Corporation of India has launched this policy exclusively for women. LIC this policy plan which has Plan No: 944 was brought on 1 February 2020. This plan is for women only who have an Aadhaar card. This thing also appears in the name of this policy plan. This policy of life insurance not only gives the option of saving money to the insured but also provides life cover. A lump sum amount is provided to the insured at the time of maturity...

  A person needs a regular income to meet his needs. After retirement, when the monthly salary stops, the need for regular income increases further. In such a situation, LIC Jeevan Shanti Policy (Plan No. 850) can prove to be very beneficial for you. Here, the state insurer Life Insurance Corporation of India (LIC) offers a single premium plan, where the customer taking the policy opts for an intermediate or deferred annuity payment option.   In LIC Jeevan Shanti Policy the annuity rates are guaranteed for both the Immediate and Deferred annuity while taking the policy. Also, the annuity recipient is given an annuity throughout his / her lifetime. People can buy this policy both online and offline. To buy the policy online, the customer has to visit the LIC website.   Benefits of LIC Jeevan Shanti Policy (Plan No. 850)   1. This policy provides a guarantee of lifetime income to the policyholder. This is a policy in which one has to invest only once. ...

Life Insurance Corporation of India (LIC) has brought a new policy. This is Jeevan Akshay-7 (Plan Number 857) of LIC. It is a single premium annuity plan, non-participating, non-linked and individual instant annuity scheme. It will be effective from August 25, 2020. On payment of a lump sum, shareholders have the option to choose any one of the 10 available annuity options. In this plan, annuity rates are guaranteed at the beginning of the policy and the annuity payer is paid throughout the life of the annuity recipient. This plan can be purchased both types online and offline.   The minimum purchase price for this plan is Rs 1 lakh (according to the minimum annuity criteria). Types of annual, half-yearly, quarterly and monthly annuities are available in the policy. The minimum annuity is Rs 12,000 annually. There is no maximum purchase price limit. Also, the incentive is available in the form of an increase in annuity rate for the purchase price of more than five lakhs.   The...

  If your LIC policy has lapsed due to some reason then you can start it again. Life Insurance Corporation of India (LIC) is offering a great opportunity to revive it. Policyholders are getting a chance to revive the policy that has been lapsed by 9 October. LIC said that under this, they will get the opportunity to revive the same policy which will be within 5 years from the date of filing the premium. Policyholders will get up to 30% discount on late fees. There will be a discount of 20 per cent on late fees of up to 1 lakh. A rebate of 25 per cent will be given for late fees between Rs 1 lakh and Rs 3 lakh. 30 per cent discount will be given on late fees of more than Rs 3 lakh.   LIC's new premium income has risen by 25.2 per cent to an all-time high of Rs 1,77,977 crore in 2019-20. However, during this period the company paid a policy of Rs 2,54,222 crore, which was 1.31 per cent higher. LIC continues to be the market leader in the life insurance sector with 75.90 per ...

Life Insurance Corporation Of India (LIC), the largest investor in the market, increased its stake in Tata Steel to 11.08 per cent in the June quarter. During this time, LIC has increased its stake by more than 2 per cent. However, if the stake of other companies is included, the stake of insurance companies in Tata Steel is above 17 per cent. On the other hand, analysts believe that the steel sector is currently in a boom. That is why companies are increasing their stake in steel.   Holdings of the stock exchange show that LIC has increased its stake by 2 per cent to over 11 per cent in the June quarter. Tata Steel's share was close to Rs 250 in April while now it stands at Rs 351. On the other hand, statistics show that during the month of April and May when there was a lockdown in the country, China was the largest exporter of steel from India. Out of the total steel exports of the country, 48 per cent of steel was exported to China. According to data from the Joint Plant Commit...