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Sunday, February 28, 2016


28 Feb 16, 11:04 AM

JM Aboobucker:

The article of Shri CS Murthy on Why the Increase in Sum Insured for the Family Floater Policy is very revealing and thought provoking. 

A doubt has now arisen if the LIC Employees/Pensioners are taken for a ride by the New India Insurance to achieve their Premium Income Targets. It is a sad state of affairs for LIC to play in the hands of the General Insurer simply neglecting the interest of  their own employees/ pensioners. The matter requires an urgent rethinking by the CO before giving any commitment to the New India Company.