Is LIC policy good for long term investment?


                               Is LIC policy good for long term investment?

While LIC policies offer enough benefits to secure your family's finances after your death, they do not generate enough returns for wealth creation. Therefore, you should look to invest in different financial instruments serving individual purposes.
LIC Life Insurance is good. The LIC Life Insurance Company provides the best life insurance policy at reasonable premiums. The Company offers life insurance cover and an excellent claim settlement ratio to secure your family and it will help to protect your loved ones even after death.
Advantages of buying life insurance
  • 1.Financial protection for your family
  • 2.Life insurance is cheap enough to fit most budgets
  • 3.Cash value life insurance can help you save
  • 4.Life insurance completes your financial plan
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