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  • News From Press LIC sees red over policy 'trading' by ACESO, to take legal action

    LIC sees red over policy 'trading' by ACESO, to take legal action

    Source: ET Aug 14, 2024

    The Life Insurance Corporation of India is preparing for a second legal battle over trading in insurance policies, something the insurance behemoth says is illegal, arguing that such transactions threaten to hit at the root of the industry and expose policy buyers to losses.

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