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Life Insurance Corporation of India

Author(s)

Sukhvinder Singh Dari

Affiliations

Symbiosis Law School, Hyderabad, Constituent of Symbiosis International University, Pune

Abstract

Life insurance Corporation of India was a sole player in Life Insurance business in India; it was only after privatization Life insurance Corporation of India faced competition in life insurance Business. Life insurance Corporation of India also faced impact over there performance in Life Insurance Industry. The paper aims to find out the impact of privatization on Life Insurance Corporation of India. The prime focus of paper is to analyse the positive and negative aspects of privatization on Life Insurance Corporation of India. The paper concludes with certain sets of recommendation that can be considered by Life Insurance Corporation of India to deal with privatization and its impact on life insurance business.

Keywords

Life Insurance Corporation of India, Privatization, Benefits, Performance.

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