Synopsis:
Paying Insurance premiums just got easier with LIC making
arrangements to accept premiums through credit cards. LIC also is in the
process of launching its own credit card.
2nd Sep, 2008, ET
Full article:
NAGPUR: Life
Insurance Corp (LIC) may launch its credit card in October, according to its
Senior Divisional Manager Bhausaheb Gujar.
LIC is in the process of finalising the partner and in all probablity it would
be introduced next month, he said told reporters here.
The insurance giant is also in the process of completing formalities for
accepting its premium through credit cards, Gujar said.
LIC has already roped in Corporation bank and Axis Bank for accepting premiums
from those holding accounts there.
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