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The public sector Life Insurance Corporation (LIC) has entered the health insurance market by launching its “Health Plus” scheme.
According to sources, in addition to footing medical bills of insured persons, the scheme will also give additional monetary benefits to policyholders since 50 per cent of the premium is invested in the capital market.
A policyholder [...]

The state-run Life Insurance Corporation of India (LIC) has sold a total of 2.64 crore policies across the nation so far. The life insurer has launched its first long-term unit linked health insurance scheme, ‘Health Plus’ for the first time in the country. The product provides insurance cover for the entire family (husband, wife [...]