You can surrender your LIC policy to ALIP and get the surrender value in 48 hours When you surrender a policy to LIC, you lose the life-cover benefit and only get the surrender value.

LIC achieved a Guinness World Record for selling over 588,000 life insurance policies in 24 hours on January 20, 2025. This accomplishment highlights the dedication and productivity of LIC's ...

You may be able to get more than one life insurance policy — but there are limits to having multiple life insurance policies. BLUEPRINT ... NPN 20753534 and CA Lic. # 6011227.

LIC said this record sale of life insurance policies was part of an appeal to every Agent to complete at least One Policy on “Mad Million Day”-- that is on January 20, 2025.

The Life Insurance Corporation of India (LIC) is one of the leading insurers of India. It also provides a myriad of insurance policies to its millions of users which are present in every corner of ...

On January 20, a total of 4,52,839 agents of LIC successfully completed and issued an astounding 5,88,107 life insurance policies across India, it noted. LIC is more than a corporate powerhouse ...

Life Insurance Corporation of India (LIC) reached out to the nominee of Somisetty Madhusudhan, who was killed in the recent terrorist attack in Pahalgam, and settled his claim in record time ...

Just like other insurance providers, Life Insurance Corporation of India provides loans against an LIC policy. To apply for this, you need to fill out an application form.

Government-owned insurer Life Insurance Corporation of India (LIC) has earned a Guinness World Records title for selling the most life insurance policies in 24 hours.