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PIB Fact Check of LIC Letter : Is LIC withdrawing all its insurance products after September 30? Know the truth of the viral claim

PIB Fact Check of LIC Letter: A so-called letter of LIC is rapidly going viral on social media. It talks about withdrawing the LIC policy. We are telling you its details.

PIB Fact Check of LIC Letter: A letter in the name of Life Insurance Corporation of India, the country’s largest and oldest insurance company, is circulating on social media. It is being claimed to be from LIC, in which it is being said that the company’s products and insurance policies will be withdrawn on September 30.

Actually, it has been claimed in this so-called letter that LIC is withdrawing all its insurance policies and products on September 30. She wants to revise them. In such a situation, the question arises whether LIC has really issued any such notice. If yes, then what will happen to all the policy holders now.

PIB did a fact check

The Press Information Bureau has told the truth by doing a fact check on this matter. On the social media platform X, PIB has written that a notice is going viral on social media in the name of LIC. In this notice, it is being claimed that LIC has decided to withdraw all its products and plans for revision on September 30, 2024.

What is written in the letter

The letter going viral on social media platform X states that all LIC plans will be withdrawn on September 30. After revising them, they will be re-launched on October 1. The letter states that LIC can re-launch all the policies with some changes. The company can take two to three months to release the new plan. Along with this, plans giving more benefits like Jeevan Anand, Jeevan Umang and Jeevan Utsav etc. can be withdrawn.

Is the letter fake?

This fact check has revealed that this claim being made about LIC is completely fake. Life Insurance Corporation of India has not issued any such letter, in which it has been said to withdraw all the insurance products. All products and plans will continue as before. In such a situation, do not trust any such notice at all.

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Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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