LIC Term Insurance 1 Crore

Iiflinsurance08 Jul, 2021Business

Does anyone in India need an introduction to the Life Insurance Corporation of India (LIC)? Perhaps not! The government-owned insurance company is one of the oldest in the insurance business in India, even before the sector opened up for foreign multinationals. There was a time when a majority of Indians had taken at least one insurance policy from LIC. Though the times have changed, LIC is keeping itself relevant by introducing policies such as the 1 crore term insurance policy that strikes a chord with the current generation.