LIC Issues Clarification On Unauthorized Policy Acquisition Offers To Policyholders

Life Insurance Corporation has issued a clarification over reports of offerings by certain entities to acquire policies held by existing policyholders of LIC as an alternative to surrendering policies to the Corporation.

It clarified



that LIC is not associated with any such entity or the products and services being offered by such entities. LIC urged its policyholders to consult with its officials before responding to any such offers.