Comprehensive Analysis of Life Insurance Claim Settlement Performance in India: Top Performers and Areas of Concern for 2022-23

• Number of Claims Settled: 9,22,207 •Amount of Claims Settled: ₹19,327.63 crore •Claim Settlement Ratio: 98.52% •Repudiation Ratio: 0.87% •Pending Claims Ratio: 0.08% •Analysis: LIC continues to dominate the life insurance market with the highest number of claims settled and a substantial amount of payouts. Its high claim settlement ratio, coupled with a low repudiation … Read more

LIC’s Index Plus: Secure Your Future with Growth & Protection

LIC’s Index Plus is an excellent choice for those looking for a balanced approach to life insurance and investment. Whether you want to secure your family’s future, plan for retirement, or simply grow your wealth, this plan offers flexibility, protection, and growth potential. With guaranteed additions, flexible coverage options, and tax benefits, it’s a reliable … Read more

A Comprehensive Guide to LIC’s Nivesh Plus – Plan 749

The Nivesh Plus Plan 749 emerges as a robust solution for investors looking to balance insurance protection with market-linked growth. With guaranteed additions, low charges, and flexible fund options, the plan is designed to cater to a variety of financial needs—whether you’re planning for retirement, your child’s education, or long-term wealth accumulation. The added flexibility … Read more

A Comprehensive Guide to LIC’s Nivesh Plus – Plan 749

The Nivesh Plus Plan 749 emerges as a robust solution for investors looking to balance insurance protection with market-linked growth. With guaranteed additions, low charges, and flexible fund options, the plan is designed to cater to a variety of financial needs—whether you’re planning for retirement, your child’s education, or long-term wealth accumulation. The added flexibility … Read more