.jpeg)
LIC will play an important role in achieving 'Insurance for All' by 2047: LIC Chairman Siddharth Mohanty
LIC Chairman Siddharth Mohanty said that LIC will play an important role in the campaign to achieve insurance for all by 2047. To achieve this goal, the country's largest insurance company announced that it plans to introduce a new policy, especially for rural areas. Read what is the complete news.
LIC Chairman Siddharth Mohanty said that in the effort to achieve 'Insurance for All by 2047', LIC will play an important role.
The country's largest insurance company said it plans to launch a new insurance policy specifically designed for rural areas to achieve this goal.
PTI, LIC Chairman Siddharth Mohanty said, "The focus will be on how to cover maximum rural masses who need insurance. In the coming days, the rural share will also increase in our total business."
LIC Chairman Siddharth Mohanty said insurance regulator IRDAI has already proposed a hybrid product 'Bima Vistar' which will include life, health, and property insurance. 'Insurance Carriers' will be engaged to sell the insurance extension which will be a women-centric distribution channel model.
