As you would have seen if you surrender the LIC policy, you will lose a lot of money due to calculation of surrender value using surrender factor tables. But what if you don’t want to take the loss now? And what if you could stop paying the premium as well? This is the Paid Up ...
Moov The Moov API makes it simple for platforms to send, receive, and store money apiKey Yes Unknown Nordigen Connect to bank accounts using official bank APIs and get raw transaction data apiKey Yes Unknown OpenFIGI Equity, index, futures, options symbology from Bloomberg LP apiKey Yes Yes...
Value-Based Pricing:LIC employs a value-based pricing strategy, where the premiums are set based on the perceived value of the policy to the customer. This approach considers factors like the sum assured, the policyholder’s age, health status, and the policy term, ensuring that customers feel...