LIC is the no.1 insurance company in India. It’s services are excellent in nature. If a claim is passed or a policy is matured amount will be credited in our bank account in next working day. It is an extra ordinary quality of LIC. Life insurance business is done some other private insurance companies. They are always working with foreign collaboration. Its services are not standardised and untrustable in nature. In other words most trustable institution in any sector in India LIC is in first rank.