Thursday, November 14, 2013

List of LIC's Plans being Withdrawn in Nov 2013

As already discussed in my previous post, IRDA has issued new regulations on Non-linked insurance policies, Linked Insurance products and Health Insurance Products. As per these policies, LIC would be withdrawing all those individual policies which are not in conformity with the provisions of the new regulations, in a phased manner.

The following are a list of products that are being withdrawn in the month of November 2013.

Sl.No.
Plan No.
Plan Name
Last Date for Sale of Plan
Date of Withdrawal
1
58
Convertible Term Assurance
15 Nov 2013
16 Nov 2013
2
52
Mortgage Redemption Assurance
15 Nov 201316 Nov 2013
3
43
Two Year Temporary Assurance
15 Nov 201316 Nov 2013
4
811
LIC's Flexi Plus
15 Nov 201316 Nov 2013
5
41
Children's Deferred Endowment Asurance (Vesting Age of 21 Years)
15 Nov 201316 Nov 2013
6
50
Children's Deferred Endowment Asurance (Vesting Age of 18 Years)15 Nov 201316 Nov 2013
7
8
Limited Payment whole Life policy
15 Nov 201316 Nov 2013
8
806
LIC's Bima Account - II
23 Nov 201324 Nov 2013
9
2
The Whole Life Policy
23 Nov 201324 Nov 2013
10
88
Jeevan Mitra
23 Nov 201324 Nov 2013
11
805
LIC's Bima Account
23 Nov 201324 Nov 2013
12
167
LIC's Jeevan Pramukh
23 Nov 201324 Nov 2013
13
812
New Jeevan Nidhi
30 Nov 201301 Dec 2013
14
164
Anmol Jeevan - I
30 Nov 201301 Dec 2013

 So if you planning for any of the above, please take then ASAP