Mar 06, 2016 02:39 AM
7708 Views
LIC one of the best and the oldest life insurance company of india that still have great reliability.viewing this is best and trusting insurance of india because its a govt insurance, and have many schemes and plan to invest. currently I bought plan schemes and they give good benefit but not like private but a large percent of rick have in insurance but lic not risk for any thing.It's the no.1 life insurance company in india.
I have different policies with LIC life insurance since last 4 years. it helps a lot to family members on your accidental death or so according to your plan you are selecting for your life insurance. It helps very much to family members for any financial problems we leave behind or they might face without us. Also, LIC offers a lot products depending on your need, it provices different plans for the same insurace as you need for long tern, short term, investment plan, likewise.
Other than insurance benefit, it helps you when it comes to income tax, you have upto 150000/- relief if you own any LIC policies in the criteria. so tax saving is another thing people or anyone should go for it.
And anyways, it is very safe investment without any risk, in opposite to that, it decreases the tension when it comes to risk on your life.