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What is gic in insurance?


Asked By: Naitee Rattan



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B. Tech from Delhi Technological University Electrical San Francisco United States


GIC Re or GIC of India is a state owned enterprise in India. General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA. GIC Re or GIC of India is a state owned enterprise in India. General Insurance Corporation of India since 1972. A guaranteed investment contract (GIC) guarantees the owner a specific rate of return from an insurance company in exchange for holding a.

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