News From Press Want guaranteed long-term returns? Consider non-par insurance plans

Want guaranteed long-term returns? Consider non-par insurance plans

Source: BS Nov 29, 2023

The chairman of the Life Insurance Corporation (LIC) of India, Siddhartha Mohanty, in a recent interview to Business Standard, said that the insurer is keen to enhance the premium contribution from non-participating (non-par) plans in its premium mix. Buyers need to make an informed choice when opting for these insurance plans.

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