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LIC launches Group Post-Retirement Medical Benefit Scheme

NL Corresspondent Mumbai: LIC (Life Insurance Corporation of India) has introduced a new Group Post-Retirement Medical Benefit Scheme, which is a non-linked, non-participating, life, group savings insurance product. The plan is designed to assist employers in meeting their post-retirement medical benefit obligations to their employees. The group cover also provides a fixed life cover ....

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