There are couple of points to note here. Firstly, government is unlikely to sell more than 10% stake in LIC. Secondly, the FM has confirmed that the sovereign guarantee will continue. Anyways, insurance is closely regulated by IRDA and you don’t need to worry much.
There are couple of points to note here. Firstly, government is unlikely to sell more than 10% stake in LIC. Secondly, the FM has confirmed that the sovereign guarantee will continue. Anyways, insurance is closely regulated by IRDA and you don’t need to worry much.