Laws governing insurance, stock markets to be rewritten
The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. NEW DELHI: The Cabinet on Thursday cleared rewriting of laws in two critical sectors – stock markets and insurance. The plan is to allow 100%…
LIC launches 2 new insurance plans after GST rate cuts; check all details on eligibility, features and benefits
Life Insurance Corporation of India (LIC), the country’s largest insurer, has introduced two new insurance products for the domestic market, available from 15 October. The two offerings, LIC Jan Suraksha and LIC Bima Lakshmi, are designed to cater to different individual needs, providing financial protection and savings benefits. These are the first products LIC has…