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Online Term Plan by LIC

Hi,

According to an article in The Economic Times, LIC is also coming up with an Online Term Plan very soon. 🙂

Link: http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/lic-joins-online-play-with-pure-term-policy/articleshow/9843161.cms

Please share your thoughts regarding the same and what impact can this LIC online term plan have on other competitors in the market which already are providing Online Term Plans? I find it a bit amusing that HDFC Life and SBI Life haven’t entered this space till now…LIC seems to be one step ahead in this case 😉

Please do share your thoughts.

Thanks & Regards,

J

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