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Wednesday, Jan 21, 2004

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Money & Banking - Life Insurance


King-sized LIC policy

Our Bureau

HYDERABAD: Life Insurance Corporation of India (LIC) announced on Tuesday that one of its ace agents, Mr M. Rajavardhan Reddy, has sold the highest individual policy of Rs 5 crore in the Hyderabad division for the current fiscal.

The policy was subscribed to by the Executive Director of Kedia Overseas Ltd, Mr Ajay Kedia, under keyman insurance. In a release, LIC said that its Managing Director, Mr R.K. Vashishtha, felicitated the agent.

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