New Delhi: Life Insurance Corporation of India (LIC) has issued a public alert concerning the unauthorised use of its emblem, which is made up of a flame signifying life and protecting palms of life insurance coverage displaying its continuance.
LIC mentioned that web site, publishing home and digital entities should not publish the emblem with out looking for prior permission from India’s largest insurer. The IPO-bound agency has warned strict legal action towards folks discovered making unauthorised use of its emblem.
Taking it Twitter, the corporate mentioned, “LIC Public Alerts – Unauthorized use of LIC’s Logo. LIC logos can not be used in any website, publishing material and digital post. Strict legal action – civil and criminal – will be taken against such person,” LIC added.
LIC provides a slew of insurance coverage schemes and funding alternatives in India. According to India.com, the corporate had collected the best ever new enterprise premium of Rs 1.84 lakh crore within the monetary yr 2020-21, signalling that there’s a renewed curiosity in insurance coverage amid the COVID-19 pandemic. Also Read: Invest little each month in THIS LIC coverage to get Rs 70 lakh on maturity
LIC’s market share within the insurance coverage phase stood at 81.04 in March 2021 by way of the variety of insurance policies whereas it was 74.58% for the complete final monetary yr. In the monetary yr 2020-21, LIC famous an 11% year-on-year development in first-year premium earnings of Rs 56,406 crore below particular person assurance enterprise. Of which,
The firm’s pension and group schemes vertical can be performing with. The phase clocked its highest ever new enterprise premium earnings of Rs 1.27 lakh crore within the final monetary yr that ended on March 31, 2020.
In a press launch, LIC had mentioned that it bought a file variety of new schemes. Recently including 3,45,469 brokers to its arsenal, LIC now has a powerful gross sales pressure of 13,53,808 brokers. Also Read: Invest in THIS LIC coverage to get Rs 27 lakh for daughter’s marriage
#mute
