LIC or Private players?

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

I don't see big difference in Pvt or LIC. Worth reading - How safe is your insurance company

First decide what you want . Check below threads for more info:
1- How to Choose an Insurance Plan
2- Types of Life Insurance

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Originally Posted by RahulR

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

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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?

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.