LIC Housing Finance looks to expand business

LIC Housing Finance which claimed to have extended housing loans to over 8,00,000 customers by far is expected to see a marked expansion in its profitability as dual-rate home loans come up for re-pricing at higher rates this fiscal year. Read more

Life Insurance News: NMC’s Diwali gift: Insurance policy for girl child

In a Diwali gift to girls in families living below poverty line (BPL), Nagpur Municipal Corporation (NMC) standing committee has approved  an insurance policy for all girls born after June 6, 2012. The beneficiary girl child will get Rs 1.24 lakh on attaining the age of 21, without  any investment from her or the family. NMC has decided to implement this scheme through the trusted Life Insurance Corporation (LIC). Read more