How L.I.C useful for us?
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Answer:
It is very useful.
Explanation:
LIC helps the government finance its fiscal deficit by buying government bonds and at the same time it also helps the government meet its disinvestment target by buying shares of public sector enterprises which other investors are not interested in.
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LIC has an average claim settlement ratio of 98.2%, which makes it one of the most trusted insurers in the country. Customers these days go after plans that offer higher returns on the premiums paid. LIC offers a comprehensive list of plans that are designed to offer optimum benefits alongside protection.
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