Modern Homes

Finding an architect or interior designer who can merge the best of the surrounding landscape with the creative vision of a new property is quite the feat. Luckily, we can see this perfectly in three examples of renderings by Terri Brown. This first set of renderings shows a private home on the beautiful island of Mayotte. The property is unique in that it focuses more on the surrounding environment than on the space itself.

Nature flows into the property seamlessly, as the lounge and deck are designed to merge into a centralized living space, offering breathtaking views of the surrounding sea. It’s easy to imagine sea breezes and warm sunlight being taken in at every turn. This first home looks ideal for family holidays or entertaining, or perhaps a romantic retreat. A large contemporary living area offers a stunning panoramic view. 

LIC can`t make consumer pay for its mistake: NCDRC

New Delhi: The Life Insurance Corporation (LIC) cannot make a customer pay for its employees` mistakes, the apex consumer commission has said and asked the PSU to pay Rs 11,000 compensation to a customer for demanding additional premium from him 12 years after he had bought the policy.

The LIC had raised the demand on Sunil Kumar Paliwal, a resident of district Narsinghpur in Madhya Pradesh, when it realised that due to a typographical mistake in two policies issued to him, it was collecting premium from him annually instead of half-yearly.

"Even if there was a typographical mistake the same was committed by the employees of the petitioner (LIC) and cannot be used to the disadvantage of the complainant (Paliwal) by unilaterally changing the terms of the contract after a gap of 12 years," the National Consumer Disputes Redressal Commission (NCDRC) said.

LIC to soon insure third of the country, says Arun Jaitley

The total assets of state-owned Life Insurance Corporation (LIC), which amounts to Rs 17.69 lakh crore, is almost equal to India's annual Budget, according to finance minister Arun Jaitley.

He has urged the organisation to grow as the economy and opportunities grow. "The market is going to be more competitive," he said, adding that the best of LIC is yet to come.

He was speaking to LIC officers after his visit to `Yogakshema', the corporate office of LIC in Mumbai, on Friday. Jaitley was accompanied by Hasmukh Adhia, secretary, department of financial services, finance ministry.
After partnering with the Jan Dhan Yojana, one-third of the country will soon be insured by LIC, he said.