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The Chandigarh division of the LIC is eyeing over 20 per cent growth in collection from first premium and pension products during the current fiscal. The company is looking at a collection of Rs 645 crore from new premium and Rs 150 crore from pension products, said senior divisional manager, Chandigarh, Raghupal Singh. He said during the first five months of this fiscal, LIC has posted a growth of 114 per cent in terms of premium collection at Rs 292 crore by selling 1.10 lakh policies. He added that LIC has set up a centralised office called Metro Area Service Hub at Zirakpur to render better services to customers.
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