As per IRDA regulation, LIC would bring NEW Life Insurance plans from January1, 2014.Many changes are expected in Insurance Industry with new plans.
Service tax is going to make a big impact on premium. Already some policies are were there with service charges like Jeevan Ankur, Jeevan Akshay etc.,
Service tax of 3.09% for first year and 1.54% for subsequent years is already in practice.
It is expected that the new plans would be customer friendly and premium would also come down.
Visit LIC AGENT BANGALORE for more updates and enrolling new plans
Service tax is going to make a big impact on premium. Already some policies are were there with service charges like Jeevan Ankur, Jeevan Akshay etc.,
Service tax of 3.09% for first year and 1.54% for subsequent years is already in practice.
It is expected that the new plans would be customer friendly and premium would also come down.
Visit LIC AGENT BANGALORE for more updates and enrolling new plans
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