Lic To Close Down Double Endowment Plan Soon

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The public sector insurance major Life Insurance Corporation of India (LIC) will be discontinuing the high return Double Endowment Plan in a few days from now. The plan is popularly know as Table 18 among agents.
The plan, the company thinks, offers returns which are greater than the insurance company
First Published: Feb 04 2003 | 12:00 AM IST