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{ 2007 08 24 }

Your insurance policy in electronic form

The Madurai Division of Life Insurance Corporation (LIC) will phase out the use of paper slowly with the introduction of Enterprising Data Management System (EDMS), which would pave way for keeping records in electronic form, and facilitate LIC transactions by a policy holder from anywhere in the country. The Madurai division will serve as a pilot scheme in the south zone, and the second division in the country.
Between 1-14 August, LIC sold 73,432 policies, mopping Rs82 crore as premium.
[Via]



Posted by Dhirender on Friday, August 24, 2007, at 9:59 am. Filed under Best Practices, India, News. Follow any responses to this post with its comments RSS feed. You can post a comment or trackback from your blog.

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