PROUD TO BE A LICIAN

[LIC 2015-16
Rate of Interest

Policy loan-10%

Late fees-9.5%

Back date-9.5%

Settlement option-6%

Revival-9.5%

Claim delayed-10.5%

Discounting in last year-9%

��������������
PROUD TO BE A LICIAN:

LIC total Maturity Claim/SB CLAIMS SETTLED DURING 2014 -15.

NUMBER:  2,17,71, 026
AMOUNT : Rs. 69,377.07 cr.

Outstanding MC/ SB claim :
No. 48,744 
Amount : Rs. 347.54cr

Total O/S : 0.22%.

Death claims settled :
No.:  6,98,919
Amount: Rs.  8502.71 cr
Outstanding death claim
Number:  3187
Amount : Rs. 89.46cr.
O/S :0.45%.

Total claims o/s as at 31.3.15 is only 0.24%
(INCLUDING Death Claim, Maturity Claim, SB claim).