Feature

LIC 3.0 Tale Of Policyholders Vs Shareholders

With the state insurance giant gearing up for an IPO and amendments made to the LIC Act, a question mark dangles over policyholders’ interests

In the din surrounding the initial public offering (IPO) of the Life Insurance Corporation (LIC), investors are sifting through figures, facts and fine print, trying to find the music of opportunity. There is already a rush to open demat accounts, but as shareholders become the new owners, one question pops up—will policyholders be shortchanged?