LIC vs Other PSU, Private Sector companies
I'm 26 and I have been thinking to buy term insurance in a couple of years from now. I am kind of aware about major private companies and thier plans.
However, I need to understand about LIC and it's plans.
- Does LIC have any benefits over other companies?
- Is buying LIC plan "safer" compared to private sector company plans?
- LIC Being state owned, does it match the offerings and customer service offered by private companies?