Prices Increasing Soon
During the current fiscal, Life Insurance Corporation, India’s largest insurer is about to invest Rs. 50,000 crore in the equity market. Including the in bonds, the total investment of LIC would be Rs. 3 lakh crore. S K Roy, chairman of LIC informed that the company is planning to invest Rs. 2.50 lakh crore in bonds and Rs. 50,000 crore in the equity market.
#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply
By clicking on "View plans" you agree to our Privacy Policy and Terms of use
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
He also informed that LIC had pulled out stocks worth Rs 51,000 crore in the last financial year and had invested across sectors. In the bond market, the company had made an investment of Rs 2.40 lakh crore in the last financial year.
Picking up the preferential shares, LIC has raised its stake in various public sector banks like Central Bank of India, Bank of Maharashtra and United Bank of India, during the present fiscal. During course of the year, more banks would make preferential allotment to LIC.
Disinvestment roadmap has been announced by the government for this fiscal and ONGC and NHPC have already started the process of disinvestment. The government is planning to sell out its 5% stake in SAIL, and 110% each in HAL and RINL besides sale of Tyre Corporation of India. In the disinvestment initiative of the government, LIC has been a key investor.
Government has estimated a collection of Rs 43, 425 crore from selling stake in PSUs and Rs 15,000 crore from sale of residual stake in the previous government companies.
With 24 insurers, life insurance sector earned a total premium of Rs 19,699 crore in the April – June 2014-15.
75% of market share are with LIC that helped it collect Rs 41, 441 crore and Rs 48,682 crore from individual and group premium respectively aggregating to Rs 90,124 crore.
˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com in the first 6 months of FY 24-25.
Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited
We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale
Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.
© Copyright 2008-2025 policybazaar.com. All Rights Reserved
+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
Life insurance fraud is a financial crime that can be committed
Read more
High net worth individuals often opt for life insurance plans to
Read more
“Policy Bazaar insurance clarified the term policy for me, so
Read more
“I recently bought an HDFC term plan and it is the best
Read more
The life insurance policy in India is a type of life insurance
Read moreInsurance
Calculators
Payment Methods
Secured With
Follow us on
