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The following are a list of products that are being withdrawn in the month of November 2013.
So if you planning for any of the above, please take then ASAP
The following are a list of products that are being withdrawn in the month of November 2013.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 2013 | 16 Nov 2013 |
| 3 | 43 | Two Year Temporary
Assurance | 15 Nov 2013 | 16 Nov 2013 |
| 4 | 811 | LIC's Flexi Plus | 15 Nov 2013 | 16 Nov 2013 |
| 5 | 41 | Children's Deferred
Endowment Asurance (Vesting Age of 21 Years) | 15 Nov 2013 | 16 Nov 2013 |
| 6 | 50 | Children's Deferred Endowment Asurance (Vesting Age of 18 Years) | 15 Nov 2013 | 16 Nov 2013 |
| 7 | 8 | Limited Payment whole
Life policy | 15 Nov 2013 | 16 Nov 2013 |
| 8 | 806 | LIC's Bima Account - II | 23 Nov 2013 | 24 Nov 2013 |
| 9 | 2 | The Whole Life Policy | 23 Nov 2013 | 24 Nov 2013 |
| 10 | 88 | Jeevan Mitra | 23 Nov 2013 | 24 Nov 2013 |
| 11 | 805 | LIC's Bima Account | 23 Nov 2013 | 24 Nov 2013 |
| 12 | 167 | LIC's Jeevan Pramukh | 23 Nov 2013 | 24 Nov 2013 |
| 13 | 812 | New Jeevan Nidhi | 30 Nov 2013 | 01 Dec 2013 |
| 14 | 164 | Anmol Jeevan - I | 30 Nov 2013 | 01 Dec 2013 |
So if you planning for any of the above, please take then ASAP
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