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Friday, Mar 26, 2004

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Money & Banking - Life Insurance


LIC Triple Cover plan

Our Bureau

KOCHI: Life Insurance Corporation's (LIC) today said its Bima Nivesh Triple Cover plan, which offers 6.42 per cent to 6.62 per cent guaranteed annual returns for 10 years, would close on March 31.

"This plan is available for ages 18 to 50 years and provides triple life insurance cover for customers," LIC said in a statement here. The Ernakulam Division has already collected more than Rs 25 crore under the single premium policy plan, the statement said.

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