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LIC's Investments: A Fatal Hypocrisy

Created on 15 Jun 2023

Wraps up in 12 Min

Read by 116 people

Updated on 10 Aug 2023

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Life is like a wild roller coaster ride with lots of unexpected turns. However, do not be alarmed as there is an exceptional safety net that protects our loved ones from all the unforeseen setbacks along the path. Enter the world of life insurance, a significant area where ambitions are safeguarded, and futures are protected from unforeseen occurrences.

Do you know that the sales of life insurance contracts have increased by a staggering 3.51%, reaching all-time highs? Incredibly, 2,91,55,178 insurance units were sold in the fiscal year 2021–2022 as opposed to 2,81,67,513 the year before. It is the evidence of how many people are realising the value of life insurance in securing their loved ones future. The growing trend indicates that more people are becoming aware of the advantages and safety that life insurance provides.

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An Article By -

Sakshi Dhakre

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Sakshi is an adventurous spirit who enjoys both the intellectual stimulation of Finance and the sensory experiences of good food and nature’s beauty. She has a passion for delving into complex financial topics and distilling them down into easy-to-understand insights. When she's not poring over financial reports, you might find her exploring a new corner of the city, trying out new restaurants and cuisines or admiring the beauty of the night sky.

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