LIC or Private players?

[RahulR]

I am looking to buy life insurance for my parents which is the best LIC Or private life insurance companies?

[Madhura]

I don't see big difference in Pvt or LIC. Worth reading - How safe is your insurance company (http://www.policywala.com/how-safe-is-your-insurance-company/)

First decide what you want . Check below threads for more info:
1- How to Choose an Insurance Plan (http://www.policywala.com/forum/showthread.php/1249-How-to-choose-an-insurance-plan)
2- Types of Life Insurance (http://www.policywala.com/forum/showthread.php/503-Types-of-Life-Insurance)

[>take]

I am looking to buy life insurance for my parents which is the best LIC Or private life insurance companies?

1- What is your requirement? - Term Insurance, ULIP, Whole Life or Moneyback
2- Is low premium your criteria?
3- What coverage you are looking for?

[PRITI DESHMU]

LIC is been in the business for quite a long time..But its good if you are looking for traditional plans.Private players are very good when it comes to high returns, benefits and service that they provide.