Discover and read the best of Twitter Threads about #policyholders

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LIC IPO: A Thread.

šŸš€Strong Demand from Anchor Investors

#LICIPO

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šŸ¦Norges Bank, Singapore sovereign wealth fund GIC subscribe to anchor book: local MFs also come in as investors (#Kotak, #HDFC Mutual fund, #ICICI, SBI)

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šŸ’³The #government is selling 22,13,74,920 shares in Life Insurance Corporation (#LIC) at a price band of Rs 902-949 a share, targeting to raise about Rs 21,000 crore.

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Read 7 tweets
In order to protect #policyholders #interest against unethical practices & to clear ambiguity #IRDAI is taking steps to curb mis-selling & bring in more transparency, as a policyholder make sure that one fully understand terms & conditions before purchasing #insurance policy.
A #policyholder must ensure if the policy matches his/her needs. They must read the fine print. Keep #insurance & #investment instruments separateĀ & avoid combining the two. A #TermInsurance + #MutualFund is best combo. Remember, #AdviceZarooriHai & #AdvisorZarooriHai. @livemint
The whole purpose of taking an #insurance policy is to take care of theĀ ā€˜If I die in the policy tenureā€™Ā part! Insurance is a pure #RiskManagement tool & is a must. One must be aware of the nitty-gritties of insurance policies. This is where role of a #financialadvisor comes.
Read 4 tweets

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