LIC is the insurance for life. I have many policies here. recently I put for my baby which gives benifits during her 20th years of age.
I use it for her higher studies.
also im also own a policy its a moneyback policy so I got some amount every 5 years before that policy time end.
the main use of lic for cars, a persons death gives him the certain amount if he had lic on him, even a cow or buffalow own a lic.
so people who want to save money must use this and enjoy