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Sell LIC policy and 'get money in 48 hours with life cover till maturity': Looks attractive? But beware of legal aspects, other rulesAll LIC endowment life insurance policies ... benefit because your policy will remain active even after selling the insurance policy to the Trust. This happens because the Trust pays the premiums ...
A major concern is whether LIC’s agents, who are already associated with other health insurers, will fully commit to selling ...
It also emphasised that the sovereign guarantee associated with its policies has never been invoked or used for promotional purposes. “The sovereign guarantee on LIC’s insurance policies was ...
LIC’s legal counsel contended that the complainants had deliberately suppressed information about Shivu’s prior health conditions and fraudulently obtained 11 insurance policies. The counsel ...
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