LIC is bringing a new investment plan. In this, investors will get an assured return and after its completion, the policyholder will get 10 percent of the sum assured for life. The new service will bring a stir in the market as everyone wants to know how much he is paying and how much return he will get after 20-25 years.
There is good news for millions of policyholders and agents of Life Insurance Corporation (LIC). In this era of digital revolution, LIC is also going to make a big change to provide convenience to its customers and agents. This information has been given by LIC Chairman Siddharth Mohanty himself. He told that LIC has started a complete digital transformation project DIVE (Digital Innovation and Value Enhancement). A consultant has been appointed to run this project.
He said that our aim is to provide best-in-class digital services to all our stakeholders, customers, intermediaries, marketing people and everyone through Project DIVE. Under this, insurance claims, loans and other services will be made available at a ‘click’. Mohanty said that LIC customers do not need to come to the office. He can access our essential services through his mobile sitting at home.
Will also be used to increase business
We are also focusing on financial technology and will use its potential to expand the business. LIC has so far added three financial technology companies as corporate agents in the current year for product distribution. LIC plans to introduce three to four new products in the coming months with the aim of achieving double-digit growth in new policy premiums in the current financial year 2023-24. He said that LIC is going to introduce a new service in the first week of December. It is expected that it will get a good response in the market.
LIC is bringing assured return plan. Sharing some features of the new service, Mohanty said that it will provide assured returns and after its completion, the policyholder will get 10 percent of the sum assured for life. He expressed confidence that the new service will create a stir in the market as everyone wants to know how much he is paying and how much return he will get after 20-25 years. He said that apart from this, loan facility and premature withdrawal are also included in the features of this new service.
