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Saturday, November 23, 2013

LIC to stop selling 14 life insurance policies


NEW DELHI: Country's insurance giant Life Insurance Corporation has decided to stop selling as many as 14 policies, including Jeevan Mitra and Anmol Jeevan. 

Of this 14 products, LIC has already withdrawn seven policies, including Convertible Term Assurance, Children Deferred Endowment Assurance, with effect from November 16. 

As many as five policies including Jeevan Mitra, Jeevan Paramukh Plan, LIC's Bima Account I and II will go off LIC's shelves from November 23. 

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