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Should I take LIC term plan even if its costly ?

When we think about term insurance then there are many names came into our mind, like apart from LIC, there are many private players, private players provide much cheaper term plans as compared to LIC. My query is, since i wants to take 75 lakhs of term plan, is it advisable to go with lic considering they are bit costly but at the same time the most reliable?

Regards

Abhishek Rastogi

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