Why LIC is Better than Private Insurance Organizations?
Everyone wants best but do we really get the same? No doubt LIC is the biggest & giant insurance provider in India and therefore it has the long policy line up and customers which make it a major insurance organization. Here is a chart which will show you some data to prove why LIC is best one to pick.
Jeevan Saral is the most popular and profitable insurance plan in market. Jeevan Saral is a simple endowment insurance plan by Life Insurance Corporation of India. It is Unit Linked Plan but is not actually categorized as unit linked plan and is represented as special life assurance plan in market.
LIC has the largest number of insurance policies than any other insurance provider organization in India. You think of a plan and LIC is available with it. Monthly Saving Scheme is one of the same simple and profitable plans. It is insurance cum investment plan which offers you flexibility to choose premium amount and term period.