LIC i.e Life Insurance Corporation is the one of the most leading Insurance company in the Market. There are only 7 or 8 country whose populations are more than the customer having the LIC. The slogan of LIC "jeevan ke saath bhi jeevan ke baad bhi" is very meaning full because when any person get any LIC policy then He get some handsome money after the completion of his policy year if he paid the all premium of the policy and also he get tax benefits for the money paid as a premium.
In case the person is unable to pay the premium so he can get the Loan on the his policy. LIC also provides the sum assured money to the nominee of the policy holder in case death of policy holder so his family get some money for their requirement.