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| Article Name : | | | GROWTH AND DEVELOPMENT OF LIFE INSURANCE CORPORATION OF INDIA | | Author Name : | | | D. D. Pujari | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ROR-1327 | | Article : | |  | Author Profile | | Abstract : | | | Numerous an individuals partner extra security item with death and not as an instrument of speculation. Protection division was opened to advertise protection item as an indication of venture. Around 1993, the Government of India chose to attempt structural changes in the protection division and forward to open up this part for private interest. Hence, on December 7, 1999 parliament passed the Insurance Regulatory and Development Authority (IRDA) Act which prepared for allowing licenses to private area insurance agencies. | | Keywords : | | - Extra Security LIC
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