ACESO has rolled out the Assignment of Life Insurance Policies (ALIP) program, designed especially for Life Insurance Corporation of India (LIC) policyholders thinking about surrendering their ...

ALIP provides policyholders with the exact surrender value as determined by LIC of India. Additionally, ALIP outlines year-by-year life coverage benefits from the assignment date to the maturity ...

Insurance behemoth LIC is understood to have approached insurance regulator IRDAI, seeking a review of final Surrender Value Guidelines issued in June 2024.

Home > Business > Business Headline > Report LIC extends surrender option on 6 annuity plans BS Economy Bureau in New Delhi | August 01, 2003 11:12 IST The Life Insurance Corporation has extended ...

LIC has urged regulator IRDAI for a review of the surrender value changes that were unveiled in June as part of the IRDAI (Insurance Products) Regulations, 2024 and followed by a master circular on ...

Life insurance surrender charges: Why is it a bone of contention between LIC and agents? Besides revisions in the commission structure, LIC agents' primary concern is that they will have to return ...

LIC agents’ associations up in arms against ‘lower’ commissions, threaten protests at branches The new rules on surrender charges, under which policyholders are eligible for surrender value ...