LIC insurance policy business pertains to the protection of the monetary values of belongings. Each and every asset has a value. The asset would have been created through the efforts of the owner. The asset is valuable into the owner, due to the fact he expects for getting some benefits from it. It is a gain [...]
LIC Jeevan Nidhi Table 169 LIC Jeevan Nidhi is a Pension Plan. w.e.f. 19-11-2004. The maturity proceeds are compulsorily used for purchase of annuity. This also provides death cover during the deferment period and so on survival to the date of vesting. LIC Jeevan Nidhi is an Endowment with profit plan where maturity proceeds will be compulsorily invested [...]
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