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LIC news

Life Insurance Corporation of India is the state-owned life insurer, the largest in the country.

6 storiesLatest 24 Oct 2026, 07:05 ISTOfficial website

  1. Courts

    Punjab consumer commission orders LIC to pay accident benefit on murdered policyholder

    The Punjab State Consumer Disputes Redressal Commission held LIC wrongly denied the double accident benefit on four policies of a murdered policyholder, and ordered it paid with 6% interest.

  2. Enforcement

    CBI registers LIC investment fraud case against Reliance Capital

    The CBI has registered a case over an alleged Rs 2,684 crore loss to LIC linked to its investment in Reliance Capital's debentures, naming the company and its former chairman among the accused.

  3. Enforcement

    CBI files FIR against Reliance Capital, ex-chairman over LIC debentures

    The CBI has registered an FIR against Reliance Capital and its former chairman on an LIC complaint alleging a wrongful loss of about Rs 2,685 crore on debentures subscribed between 2012 and 2018.

  4. Insurance

    When a Hidden Illness Does Not Void the Claim: The 2015 Supreme Court Ruling on Unrelated Pre-Existing Disease

    In Sulbha Motegaonkar v LIC (5 October 2015), the Supreme Court held that a concealed illness with no link to the cause of death cannot justify claim repudiation. Here is what it means for you.

  5. Insurance

    IRDAI Claim Settlement Ratio FY 2024-25: How to Read the Annual Report Numbers Correctly

    IRDAI publishes claim settlement ratios in its Annual Report under Section 20 of the IRDA Act, 1999. Here is how to read LIC's 96.61% and the 98-99% private cluster correctly.