I believe service tax is going to increase for Term Insurance Post October 1st. Request knowledgeable people to please shed light on this.
Will this affect old policies or this is for all policies started after October 1st?
I heard this from my friends and also from a call center rep at Policy Bazaar. I am intending to buy a policy soon, but if above news about service tax increases the premium then i may as well pre pone my decision and buy a policy by 30th September.