Lic Plans Closing

Lic Plans Closing

Lic Plans Closing

Important Announcement:-

As per IRDA regulation all Insurance plans from LIC of India will be terminated from  31st Dec 2013. All the plans will be reissued with new premium + service tax @ 3.09 %. Currently Lic of India pays all the service tax to the Government without charging their customers.

Example:  If you apply for a new policy after 31st Dec 2013 for Jeevan anand than the premium will be 1,03,090/- Where in 1,00,000 is your basic premium and 3090/- is the service tax payable to Government of India.

If you plan your investment before 31st Dec 2013 than you will get:-

  1. Higher Returns as you save on Service tax for next 35 years
  2. Better Returns as you are entitle for higher bonus as per old plans
  3. Jeevan Tarang and Jeevan Anand plans which are extended free life cover plans which will close for ever.

I would recommend you to Invest your surplus into a safe and secure company like Lic of India before the regulation sets in. Buy Lic Policy Online

Contact us today or call us on +91.9820934872

Manish Shah

I am Life Insurance Financial Advisor associated with LIC of India for the past 11 years and serving customers from India and Abroad. I deal with NRI's HNI and corporates. Few of my clients include companies like TCS, Infosys, Reliance, Tata, Steel etc. You can email me on sales at

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