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Single Premium Policy

A life insurance policy for people who want to buy a policy for a one-time lump sum payment and then be covered for the specified term or for life, as per the insurance contract, without paying any additional premiums.

News On Single Premium Policy
First year premium growth of life insurers rebounded in FY16

08-03-2017| Source:PTI

The industry as a whole comprising 23 private firms and one state-owned company LIC netted over Rs 1.38 lakh crore in form of new policies.

Pradhan Mantri Suraksha Bima Yojana logs 100 million enrollments

03-03-2017| Source:Moneycontrol.com

The personal accident policy offers a cover of Rs 2 lakh for a premium of only Rs 12 per annum

LIC's total premium income up 12% in nine months of FY17  

27-02-2017| Source:PTI

LIC posted a robust growth of 12.43 percent in the total premium income at Rs 1.45 trillion for the first nine months of the current fiscal ended December 31, 2016 from Rs 1.29 trillion

Your Facebook account may be key to insurance policy discounts

25-02-2017| Source:Moneycontrol.com

Life insurance companies are in early stages of discussions to see if access to ones social media profile could be an enabler to offer better rates of premium for a policy.

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