I am currently told that there is only LIC Jeevan IV policy in market for QROPS...
I am currently told that there is only LIC Jeevan IV policy in market for QROPS...
Q1- Do you saying that apart from LIC, no other company is offering the below 18 pension plans?
Q2- What is the source of your information?
Qualifying Recognised Overseas Pension Schemes (QROPS) India List (Document last updated - 01/11/2012) -
1. Aegon Religare Pension Plan
2. Aviva Pension Builder
3. Birla Sun Life Insurance Freedom 58
4. Birla Sun Life Insurance Secure 58 Plan
5. Birla Sun LifeInsurance Flexi Secure Life retirement Plan II
6. Birla Sun Life Flexi Secure Retirement Plan
7. IDBI Federal Retiresurance Guranteed Pension Plan
8. IDBI Federal Retiresurance Milestone Pension Plan
9. IDBI Fortis Retiresurance Pension Plan
10. LIC's Jeevan Akshay - VI
11. Max Life Life Maker Pension
12. Max Life Smart Invest Pension
13. Max Life Smart Invest Pension Plus
14. Max Life Smart Invest Pension Super
15. Met Advantage Plus
16. Met Pension Plus
17. ING Life's New Best Years
18. Quantum Solutions Employees Provident Fund Trust
Yes indeed
All the policies are unavailable from early 2012 and IRDA stopped any Pension schemes.
I had contacted ING. LIC and others abt 4-months back and they were all closed.
Currently in Nov 2012 only LIC is offering Qurops complaint policy.
If this information is not correct, then please send me details of the agent offering ING/Other policies. It will be really helpful to have some competing products. I am also waiting for other policies to re-appear
But this is not the end of the road, new pension plans are coming, if you could wait -
Reliance Life Insurance plans to come up with a new pension plan in coming months.