Life Insurance Corporation of India has crossed the landmark of 2.5 crore Policies as at 29th January 2011. The Corporation has completed 2,52,44,846 policies and received Rs. 34,137.12 crores in First Premium Income in the current financial year.
The ULIP Plans under the new IRDA guidelines have helped boost the figures substantially. The New business under the new ULIP Plans as at 29th January 2011 read at 1,098,663 policies generating a premium of 5136.25 crores.
‘Endowment Plus’, the plan launched on September 20, 2010 has garnered
1,017,560 policies with a First Premium Income of Rs. 4804.12 crores, during a short period of just over 4 months.
‘Pension Plus’, the only regular premium pension plan available in the market after introduction of new rules has brought in 81,103 policies with a First Premium of 332.13 crores. The plan also has a Single Premium Option.
No comments:
Post a Comment