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BIMA NIVESH 2004 FROM LIC (single premium rates for Rs1,000 sum assured are Rs995 for five-year term and Rs976 for ten-year term).

Asia Africa Intelligence Wire

| June 30, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

The Life Insurance Corporation of India (LIC) has introduced the Bima Nivesh 2004, which is a revised version of the Bima Nivesh Plan that was withdrawn.

The product is a single premium plan that comes for either a five-year term or a ten-year term and is ideal for those who have no regular income, but have periodical income. A feature of the plan is the benefit …

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