Personal Finance

Life Insurance Corporation of India (LIC) recently launched an affordable offline term life insurance policy called Jeevan Amar. We discuss the features of this policy and whether it is worth purchasing.   LIC, which is better known for its traditional insurance policies that are sold...
Max Life Insurance recently announced a smart term plan which offers enhanced life cover, return of premiums, longer coverage option and useful add-on riders.    Term plans are pure insurance products which provide a lump-sum amount, i.e., death benefit sum assured (SA), on the...
Following a public interest litigation (PIL) filed by Moneylife Foundation in the Supreme Court, the Life Insurance Corporation of India (LIC) has undertaken, on a war footing, a verification drive for correcting "printing" mistakes in maturity sum assured (MSA) under its Jeevan Saral policy....

The Supreme Court on Monday dismissed a public interest litigation (PIL) petition by Moneylife Foundation against Jeevan Saral policy sold by Life Insurance Corp of India (LIC) on the ground of maintainability.    A Bench of Chief Justice Ranjan Gogoi and Justice Deepak Gupta, said,...
A public interest litigation (PIL) filed by Moneylife Foundation was heard by the Supreme Court on Thursday. The bench of Chief Justice Ranjan Gogoi and Justice Deepak Gupta deferred the matter to 15 July 2019 as per request from senior counsel Arvind Datar, representing Moneylife...

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