LIC Confident of Recouping Lost Ground in Policy Sales

LIC, a large insurance company, sold fewer policies in the first half of this year compared to last year.

This happened because they had to change some of their insurance plans to follow new rules, and some people waited to buy policies because taxes were going to be reduced soon.

This caused a big dip in the number of policies they sold.

However, LIC's leader said that sales have improved a lot since October.

They are working hard to sell more policies in the second half of the year.

They believe they can sell as many policies as they did last year by the end of March.

They also plan to focus on selling policies with higher value to boost their earnings.