LIC’s policies are great and return offered is best in industry. Also, LIC unlike other companies is government backed and unlikely to fail ever.
However, once you decide to take LIC’s policy, you will be on your own. You need to make sure you pay all your premiums on time, never change your bank account or address(highly unlikely)
Staff sets a new low for customer service. If you need to make even a small change, it will be not less than an adventure. On the policy front, LIC doesn’t have hidden charges like private companies(until mis sold by agent)
BUY LIC only if you are sure to invest for 10-15 years and are sure that can manage all the inconvenience.