Life Insurance Corporation of India has introduced Single Premium Group Micro Term Insurance Plan with effect from Oct 07. This plan is a Non-Participating, Non-Linked, Group, Pure Risk, Life Micro Insurance product. With a flexibility to choose term from 1 month to 10 years for risk cover. it is available for group with size 50 or more members with risk cover sum assured ranging from Rs5000 to Rs200000 for members.
Recent Posts
- ICICI Lombard General Insurance net profit rises 7.3% to Rs546 crore in Q4FY26
- Majority of Indian firms hit by ransomware in 2025 pay over Rs 12 cr on average:Report
- Banks act as agents for customers, presenting stale cheques constitutes deficiency in service: SC
- W Asia crisis:India’s exports plunge 7.44 pc in March; trade gap narrows
- Sebi inks pact with DoT for data sharing to curb fraud in securities market
Categories
- Articles
- Banking & Bancassurance
- Blog
- Breaking News!
- Briefs
- Climate, Environment, Renewable Energy
- Data
- Disaster & Management
- Eco/Invest/Demography
- Editorial
- Events
- Facts
- Features
- Health
- Indian News
- Intermediaries
- International News
- Interviews
- Life
- Main Menu
- Non-Life
- Pandemic
- Pension & Social Security
- Policy
- Regulation
- Reinsurance
- Risk Management
- Simple
- Technology
- Trends, Facts
- Uncategorized
- Wealth Management/ Philanthropy
- Workplace/Employee Benefits