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Home » No LIC Product Withdrawal by September 30
Channeliam Fact Check

No LIC Product Withdrawal by September 30

LIC Insurance Products Not Withdrawing: Viral Social Media Notice False, No Changes Planned by September 30
News DeskBy News Desk4 September 2024No Comments2 Mins Read
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Recently, a notice claiming that the Life Insurance Corporation of India (LIC) plans to withdraw all its insurance products and plans for revision by September 30 has been widely shared on social media. This notice suggests that LIC might revise its policies, possibly change or increase premiums, and even withdraw popular plans like Jeevan Anand, Jeevan Umang, and Jeevan Utsav. Such claims have caused considerable confusion among policyholders.

Channeliam Fact Check Findings

Channeliam Fact Check has thoroughly investigated the notice and confirmed that it is false. According to the fact-checking agency, LIC has not issued any notice or directive regarding the withdrawal or revision of its insurance products. The misinformation circulating on social media is unfounded.

Clarification from LIC

LIC has assured its customers that there are no plans to withdraw or alter their insurance products or policies. The corporation has not communicated any such changes, and all existing policies, including those offering substantial benefits, remain unaffected. The claim suggesting that LIC will halt its services and revise policies by the end of September is baseless.

Importance of Fact-Checking

This incident highlights the importance of verifying information before believing or sharing it. Misinformation can lead to unnecessary panic and confusion. Channeliam Fact Check urges everyone to rely on official sources for accurate information about LIC and other important matters.

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