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The size of the LIC IPO is expected to surpass Rs 50 billion, given that the government has been eyeing to offload around 15% of its shares in the next couple of years. According to the DRHP, the issue size will be up to Rs 50 billion. A recent report from actuarial firm Milliman Advisors LLP estimates that LIC's embedded value will be Rs 5.39 trillion at September 30, 2021.
For Full article visit: LIC IPO Price - What You Need to Know
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The size of the LIC IPO is expected to surpass Rs 50 billion, given that the government has been eyeing to offload around 15% of its shares in the next couple of years. According to the DRHP, the issue size will be up to Rs 50 billion. A recent report from actuarial firm Milliman Advisors LLP estimates that LIC's embedded value will be Rs 5. 39 trillion at September 30, 2021. For Full article visit: LIC IPO Price - What You Need to Know
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Here’s everything you need to know about LIC IPO before you think of investing in it. You must have a demat account in order to invest in the LIC IPO. You should also be the first account holder in your demat account if you want to apply for LIC’s IPO as a policyholder. Is it possible for me to apply under the quota? I used to be a long-term LIC policyholder, but I now live in another country. Is it possible for me to apply under the quota?
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The size of the LIC IPO is expected to surpass Rs 50 billion, given that the government has been eyeing to offload around 15% of its shares in the next couple of years. According to the DRHP, the issue size will be up to Rs 50 billion. A recent report from actuarial firm Milliman Advisors LLP estimates that LIC's embedded value will be Rs 5. 39 trillion at September 30, 2021. For Full Article Visit - LIC IPO Price - What You Need to Know
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So is this the right time to invest in IPOs, especially the IPO of LIC, given the government plays an equal role in these offerings as investors? The first question that arises from all this is- when the IPO of LIC will announce. Retail investors can also start investing in LIC IPO in the next few days. Although, LIC is instructing its policyholders to link their PAN cards to their policies to become eligible for LIC IPO shares. Before 2000, there was only one superpower in the policy market: LIC, followed by HDFC, SBI, ICICI.
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Benefits of Life Insurance Corporation of India (LIC)LIC provides the following benefits to its customers:Various Products: Life Insurance Corporation offers a wide range of term insurance, endowment, money-back, and whole life plans. High Claim Settlement Ratio: Life Insurance Corporation has a claim settlement ratio of 96. Best Customer Support: Life Insurance Corporation is one of the largest and oldest life insurance providers of affordable policies and plans, the company values its customers and provides excellent customer service. Simplified purchase process: Buying and applying for a LIC life insurance plan is very easy. We provide you with all types of insurance plans and suggest you the best life insurance policy.
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The commission structure for LIC agents in India is based on a percentage of the premium collected from the policyholders. Moreover, LIC agent commissions have the potential to increase over time, as agents build a strong customer base and their policies mature. As an LIC agent, you get access to training programs to sharpen your skills and become a policy guru. It's All About Relationships: ❤️Being an LIC agent is not just about selling policies. Conclusion: 🏁Becoming an LIC agent in India can be a rewarding journey, both financially and emotionally.
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