Insurance News

Jeevan Saral: LIC Pays Up Rs26.67 Lakh After Chairman is Summoned by Consumer Commission

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In a major breakthrough for consumers, the insurance behemoth, Life Insurance Corp of India (LIC), paid up Rs26.67 lakhs, which was the entire money owned to a Jeevan Saral policy holder, when the Maharashtra State Consumer Commission issued a summons to its chairman. Get Moneylife’s Top Stories by EmailSUBSCRIBE Noted consumer activist and columnist Jehangir Gai fought this […]