May 10, 2005 04:56 PM
2951 Views
(Updated May 10, 2005 04:56 PM)
When it comes to Life and Money, the more you talk about its less. So I am going to keep it very short and will come straight to the point.
Since the government has changed the policy and invited foreign companies to enter the Insurance industry, there have been numerous players with large number of policies, plans, benefits, bonuses, hefty assurances etc.
Though all these seems to be safe with MNC companies involved in it, at the end its all a matter of TRUST. LIC has been the pioneer in this business and has reached a stage where they generate business solely on TRUST.
I had options of going for many lucrative policies but today I own LIC policies largely because of this single factor. Other players will have to play damn hard to replace the image of LIC in coming years.
And I am sure most of us or for common man when it comes the factor of life and money, TRUST will be the highest factor which will gain weightage.
So friends, stars to LIC.
