I just received.
Wanted to share with you......
pay 30 Cr from collection of 20 Cr less administration cost?
Re-Insurance will be used by most of the Insurance Companies including LIC...
with the likes of Societe Generali,Metlife,Newyork Life,Sunlife Inc...etc
Especially when the SA is higher..
Selling a policy by degrading your competition and without giving the right information is not a good thing to do.
I would never be a Customer with LIC
instead,I will be the First to invest,If they get listed...