Jun 23, 2020 09:26 AM IST Coronavirus impact? Value of LIC’s equity holdings down by 33% in FY20 Life Insurance Corporation of India’s equity holdings value in FY20 fell to Rs 4.1 lakh crore compared to Rs 6.13 lakh crore at the end of FY19 due to stock market volatility.Jun 18, 2020 11:12 AM IST Our term insurance premiums not costly, private firms’ rates were unsustainable: LIC LIC’s term products launched last year, with lower premiums, could be the cheapest ones available in the marketMay 31, 2020 04:07 PM IST COVID 19 impact: LIC listing, IDBI Bank stake sale may be postponed The government aims to garner Rs 90,000 crore from the listing of LIC and stake dilution in IDBI Bank out of total the disinvestment target of Rs 2.10 lakh crore during the current fiscal.Apr 13, 2020 02:59 PM IST Coronavirus impact Check out LIC’s announcements for policyholders Policyholders can visit LIC’s website for services like premium payment, buying policy online and other services.Apr 11, 2020 07:15 PM IST Coronavirus pandemic LIC gives 30 days extension for premiums due in March, April LIC’s policyholders can pay premiums through LIC’s digital payment options without any service charge. It also informed that policyholders do not need to register on the website for paying premium but can directly pay by giving basic details.Mar 24, 2020 01:59 PM IST Market crash LIC equity holding takes a big blow. But it need not worry While LIC has suffered heavy losses due to the market crash, its asset size is adequate.
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