Insure your credit card??

That is the question to ask especially with the news of the latest venture proposed by LIC,the state owned corp dealing with life insurance.i suppose,if you were to stretch the idea a little bit,every time you use that card,you will be taking away the value of your LIC payout in case of your demise.but that is a dark look steeped in dark humor.
All that aside,let us be serious.LIC is proposing a CC venture with the GE money group and already many players are buying a stake in this venture left and right.at the moment,most of the stake in this venture is about to be taken up by certain groups of whom one of them happens to be the Singapore based state investment firm Temasek.either way LIC is undergoing a revolution of sorts with all sorts of diversification on the boards.so i guess,we can expect LIC to come up with very exciting ventures for the near future!

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