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ramesh (wer)     26 March 2012

Protection individual retirement plans

Dear Experts,

Are the individual retirement plans in India like pension plans from LIC of India,Immediate annuity plans,defered annuity plans etc are protected from Insolvent estates/ court decree in India?

The retirement plans of LIC of India can not be surrendered , as mentioned in the policy document,can court decree take these policies in to insolvent estates?

 

Please share your valuable opinions.

 

Regards

Ramesh



Learning

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