LIC to Launch Unit-Linked Insurance Plan

Nagpur: State-run Life Insurance Corporation of India (LIC) will launch its maiden ULIP (unit-linked insurance plan) product across the country on Wednesday. Endowment Plus, a unit-linked insurance plan (ULIP), will offer investment-cum-insurance during the term policy and provide due benefit of risk cover and benefits of investment markets, LIC senior divisional manager-Nagpur R Chander said on Tuesday. Policyholders will have opt...