Live
- GMR Airports Unveils AI-Powered Digital Twin Platform to Transform Airport Operations
- India poised to become leading maritime player: PM Modi
- Top Causes of Kidney Stones and How to Recognize Silent Symptoms
- India’s renewable energy capacity logs 14.2 pc growth at 213.7 GW
- Winter Session of Odisha Assembly adjourned sine die
- Biden calls Trump's tariff approach 'major mistake'
- After Drama Over Eknath Shinde’s Chief Minister Race, Maharashtra Cabinet Formation Faces New Tensions
- Egyptian FM, Blinken discuss recent developments in Syria
- Iran's supreme leader says Syria's developments result of US-Israeli 'plot'
- Elon Musk to Purchase $100 Million Luxury Mansion Next to Donald Trump's Mar-a-Lago, Report Reveals
LIC brings new plan for children, youth
LIC’s Amritbaal is an individual, savings, life insurance plan, which is specifically designed to have an adequate corpus to meet the higher education and other needs of the child
Life Insurance Corporation of India (LIC) has announced the launch of a new plan – LIC’s Amritbaal. The new product was formally unveiled by Dr Vivek Joshi, Secretary, Department of Financial Services (DFS), Ministry of Finance, Government of India, on Friday. The non-linked and non-participating plan will be available for sale from Saturday onwards.
LIC’s Amritbaal is an individual, savings, life insurance plan, which is specifically designed to have an adequate corpus to meet the higher education and other needs of the child. It facilitates
accumulation of corpus through guaranteed additions at the rate of Rs 80 per thousand basic sum assured at the end of each policy year from the inception till the end of policy term provided policy is in force.
