LIC of India has made an important announcement for all its policyholders and beneficiaries in newspapers and on its website.
To increase security and privacy of the policy money, and to speed up the credit process, Life Insurance Corporation of India (LIC) will be crediting all payments directly to the policyholder’s bank account. Payments include Maturity Benefit, Survival Benefit, Surrender Benefit, Pensions; Money on Group Schemes, Loans etc.
LIC has requested all its Policyholders /...
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