Hello and welcome to my website. I am Vivekanand Komarashetti, a Development Officer Associated with LIC of India for the past 2 years. As you may be already aware of, LIC is India’s oldest and largest life insurance company. I recruit and train individuals to build a successful career in insurance agency business. Over the last 2 years, I have mentored more than 30 agents as a part of my team.
For high-net-worth NRIs, term insurance is crucial for securing their family's financial future, considering factors like inflation and global living costs. Indian insurers offer cost-effective policies with benefits like GST waivers, premium refunds, and worldwide coverage.
The GST Council is expected to announce a significant tax cut on life and health insurance premiums in its upcoming meeting. The move could lower costs for policyholders and boost insurance penetration across India.