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Private insurance corporations emerged within the Indian market as recently as within the year 2000. before that, Indians flocked primarily to the public-sector life insurance Corporation of India (LIC). Even today, individuals continue to place unquestioning trust in LIC and exercise caution once addressing private insurers.
Whenever someone buys life insurance from Pvt. insurance companies, then they have some concerns like What if my insurance company becomes insolvent in India?
In this video, you will know what happens if your insurance company becomes bankrupt in India.
I hope this video will be going to be very useful for all of you.
Thank You | Namaste
Consumer Courts Decision on lic rejecting the claim video:

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