Life Insurance Corporation Current Affairs, GK & News

The Bharatmala Project

The Indian Government had launched the Bharatmala Project to connect various parts of India which would maintain the flow of traffic of people and goods between places. What is Bharatmala? It is an umbrella scheme which covers the highways sector and there are plans to construct several new roads in the country. It will focus ..

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LIC HFL unveils Udyam Centre in Bengaluru

Life Insurance Corporation Housing Finance (LIC HFL) has launched ‘Udyam’, a skilling center in Bengaluru. It was launched in association with Lok Bharti Education Society, the implementing partner. The Centres of Excellence will provide training to marginalised youth in the BFSI, retail, and IT/ ITES sectors.

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M R Kumar appointed as new Chairman of Life Insurance Corporation of India (LIC)

M R Kumar has been appointed the new Chairman of Life Insurance Corporation of India (LIC) and will hold the post for a period of five years. Prior to this post, he was Zonal Manager (in-charge) of North Zone. LIC is the largest insurance company in India headquartered in Mumbai. It was founded in 1956 ..

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LIC launches a new micro insurance plan “Micro Bachat”

Life Insurance Corporation (LIC) has recently launched a new micro insurance plan ‘Micro Bachat’. It is a regular premium, non-linked, participating endowment micro insurance plan, which offers a combination of protection and savings. For the first time, a micro insurance plan has been launched providing coverage up to Rs 2 lakh. This plan provides financial ..

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Telangana announces a unique scheme to provide life insurance of up to Rs 5 lakh per farmer in state

The Telangana government has announced a unique life insurance scheme for farmers. Under the scheme, the government will provide life insurance facility of Rs 5 lakh to the nominee, after the death of the insured farmer. The entire premium will be paid by the government to the insurance agency and the nominee will get the ..

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