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"secure your life"
WHY CHOOSE LIC?
TRUST AND REPUTATION
 LIC has a long-standing reputation for being a trustworthy and reliable insurance provider. It has been in operation for several decades and is a government-owned entity, which often instills confidence among policyholders.
FINANCIAL SECURITY
Life insurance policies from LIC provide financial security to the policyholder’s family in the event of the policyholder’s demise. This can help cover expenses, pay off debts, and provide a source of income for the family.
STABILITY AND SOLVENCY
Being a government-owned entity, LIC is often perceived as stable and financially sound. This can be reassuring for individuals looking for a long-term commitment from their insurance provider.
BONUS AND DIVIDENDS
Some LIC policies offer bonuses and dividends, providing policyholders with an opportunity to earn additional returns on their investments.
CUSTOMER SERVICE
LIC is known for its customer service, and policyholders often appreciate the support and assistance they receive during the policy tenure.
Tax Benefits
Life insurance premiums paid to LIC may be eligible for tax benefits under Section 80C of the Income Tax Act in India. Additionally, the maturity amount or death benefit received is often tax-free.
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