As the medical needs of senior citizens may differ from people of other age groups, it is crucial for them to check the coverage, what is covered and not covered, available optional features and add-ons,

Life is a long journey that includes a variety of financial goals and entails many unforeseen circumstances. You will always strive to ensure a brighter and safer future for your loved ones, and having a sound financial plan in place can go a long way towards making it a reality.

LIC's Jeevan Shanti plan can be purchased by paying a single premium of a minimum Rs 1.5 lakh. There is no upper limit for the premium.

LIC Jeevan Labh policy can be purchased any individual in the age group of 8-59 years if the policy term is for 16 years.

RBI Governor Shaktikanta Das announced a cut in the repo rate by 40 basis points (bps) to 4 per cent,

All India LIC Employees Federation this week staged an hour-long walkout strike to protest against the move to sell its stake in the state-run insurer.

Tips for financial health: Investment decisions and portfolio management is best left to seasoned professionals with proven money management skills.

LIC New Money Back Plan 20-Years can be purchased by any individual for minimum sum assured of Rs. 1 lakh and there is no upper limit for sum assured.

However, tax authorities will ensure that no innocent is punished. "But citizens should not distort facts or fabricate false evidence," he said.