Bizbits

LIC launches
MUMBAI: Life Insurance Corporation of India LIC has launched interactive voice response system IVRS in the metropolis to enable policy holders to obtain details of insurance policies by simply dialling a telephone number 618 7655.

This follows implementation of metro area network in November last year which facilitates payment of insurance premium at any branch office across the city. IVRS was inaugurated by veteran freedom fighter, Usha Mehta at a function organised at LIC headquarters here to conclude celebration of India8217;s 50 years of independence.

LIC Chairman G Krishnamurthy said policy details can be known through IVRS in Marathi, Hindi or English as per policyholder8217;s choice. Krishnamurthy informed that LIC has automated front-end operations to provide on-line services to its customers in over 1,660 branches nearly 81 per cent of the branch network so far.