It's an advertisement of LIC and a unique salepitch formed by them. It's meant to promote LIC products and degrade Private companies. These private companies are not the small entities, they have offices across the world and expertise in managing portfolios of millions of customers. I am not working in this Industry but I am a client of AIG in U.S.A. Customers, do consider the options offered by these private giants, quite possible they won't make you stand in stinking offices of LIC for hours..(no personal grunches, it's a personal experience)
