Overwhelming response for LIC’s Jeevan Shanti policies
Business

Overwhelming response for LIC’s Jeevan Shanti policies

Lucknow,Sep 15: Life Insurance corporation of India (LIC) has received overwhelming response on its new 'Jeevan Shanti' pension policy launched in the country on September 12.

While in the country new Jeevan Shanti 10,000 policies were sold to the tune of Rs 355 crores and in UP 3000 policies were sold.

Talking about the new Jeevan Shanti policy, Senior Divisional manager, Lucknow division Raj Vir Singh said here on Saturday that the new product is a pension plan which has option of deferred and immediate annuities from inception of the policy. (UNI)