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Money & Banking - Life Insurance
States - Tamil Nadu
LIC policy digitalisation by June

Madurai, March 28

The Madurai Division of LIC of India will be completing digitalisation of policies by the end of June, according to Mr S. Chandrasekar, Senior Divisional Manager, Madurai. The project was taken up as a pilot measure under Enterprise Date Management System in the division and out of 23 lakh policies, 10 lakh policies have been already digitalised. The balance would be completed by the end of June this year, he told Business Line. He said that LIC’s ULIP product ‘Market Plus’ that would be closed by the end of this month has attracted many from the investment angle as it afforded an opportunity to participate in the capital market. —

Our Correspondent

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