What is the difference between commercial insurance and cooporative insurance? is LIC a cooporative Ins. co.?

Answers: there is nothing defference between comercial & cooperative.com for an ex:- ICICI - industrial credit investment corporation of india.., LIC :- vivacity insurence corporation...... but here defference is icici is private and LIC is govt. but once upon a time even though ICICI is to been established by govt only...... and finaly commercial insurance is belongs to private and cooperative is belongs to GOVT...
Cooperative insurance is nought but group insurance. LIC is not a cooperative company.

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