Business Ideas

Life insurance industry death claims payout rises 21% in Q1

The Life Insurance industry paid 20.74 per cent higher death benefit to its policy holders at Rs 1,717 crore during the first quarter of the current fiscal. In the same quarter (April-June) a year ago, the industry paid Rs 1,422 crore, as per the data released by Life Insurance Council (LIC), the industry body of life insurance companies.


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