Bankrupt is the main worry for many of us when we are going to take any kind of insurance company policy. We believe that Lic of India will never get bankrupt In addition we believe that Private Life Insurance companies are not safe. As a result of this we take life insurance policies from Lic Of India Only. Let’s discuss what is the truth?… Here, The huge crowd of Lic agents always spreading the message that Lic of India can never go bankrupt(get closed). In addition, these LIC agent say that Lic of India is backed up by Government India. …