Life insurers’ first-year premium jumps 33% in August, led by LIC
Life insurers’ first-year premium growth accelerated in August, with LIC driving much of the increase as private insurers also posted double-digit growth.
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Mr. A J Ajith Kumar (Senior LIC Advisor) and Mr. Abhijith Ajith Kumar (Insurance Advisor & Founder – Insurance Compass) represent two generations united by one purpose — to protect families and empower financial independence through Life Insurance Corporation of India (LIC). For over 36 years, our family has served thousands of policyholders with integrity and personalized care. From traditional policies to modern investment-linked solutions, we helpe very client build a financial safety net that lasts for generations. Today, Insurance Compass carries forward this proud legacy into the digital era —combining expert advice with technology, trust, and transparency.
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Life insurers’ first-year premium growth accelerated in August, with LIC driving much of the increase as private insurers also posted double-digit growth.
Read MoreThe regulator should make clear when the insurer may decline transfer of policies, and who will receive the death benefit
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