Analysis of Lapsation of Life Insurance Policies of LIC of India

  • Bhushan Bhat
  • Dr. Ashok Ranade
  • Dr. Suresh Suryawanshi

Abstract

LIC policy is by and large a long term agreement with a policy holder. It may be from minimum 10 years to maximum 35 years, in case of term insurance. However, like a natural law of a trade that all the
debtors are not good but some of them turn in a bad debt also.

Published
2020-02-19
How to Cite
Bhat , B., Ashok Ranade, D., & Suresh Suryawanshi, D. (2020). Analysis of Lapsation of Life Insurance Policies of LIC of India. Our Heritage, 68(27), 628-645. Retrieved from https://archives.ourheritagejournal.com/index.php/oh/article/view/2564