What is better LIC or PPF?

While LIC policies serve the purpose of insurance, a PPF serves the purpose of savings. PPF is a Public Provident Fund meant for long-term savings and retirement. … PPF VS LIC. Points LIC PPF Tenure Flexible 15 years Premature closure Premature closure allowed with penalties. Premature closure not allowed. 6 more rows

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What is better LIC or PPF?

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