LIC life insurance is the most trusted insurance company in India.
This company has wide range of plans for every group of age. My family members have total 5 policies woth LIC. One plan is specially for my sister education and for life. One is for me and other are for my parents. You can invest very little amount here two make your future bright.
Premiums are available in wide rage as low as 1000 per year to several thousands. You can choose your maturity from wide range of years.
Customer services are quite good, I had a problem in adding the aadhar number but when I go to the office they grant my request within a minute.
The agents and the company staff are very interactive and helpful to customers. They do not hide anything from customers and provide every details to the customers.
There are no problem in claim settlement, you just need to fill the form with details along with bank account details to transferred the money, your aadhar card photocopy, revenue stamp, photos, and the agreement paper etc. The maturity amount will be credited to your account within 15 days.
Overall this is most reliable company in the insurance field.