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of India (LIC) has introduced the Bima Nivesh 2004, which is a revised version of the Bima Nivesh Plan that was withdrawn.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