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Life insurance in
India made its debut well over 100 years ago.
In our country, which is one of
the most populated in the world, the prominence
of insurance is not as widely understood, as it
ought to be. What follows is an attempt to acquaint
readers with some of the concepts of life insurance,
with special reference to LIC.
It should, however, be clearly understood
that the following content is by no means an exhaustive
description of the terms and conditions of an
LIC policy or its benefits or privileges.
