What is the minimum policies required for an LIC agent with in first one year of Agency to complete minimum target of LIC i.e. how many life insured in one financial year & Sum Insured value.
What is the minimum policies required for an LIC agent?
What is the minimum policies required for an LIC agent with in first one year of Agency to complete minimum target of LIC i.e. how many life insured in one financial year & Sum Insured value.
Currenty minmum business for agency has been revised to 1 lac premium in a year with minimum 12 different life.
The road to success??.. Is always under construction.
I had only 50000/- business last year, so can I continue my agency. Ya, I have covered 12 life.Originally Posted by CopyCat
Business criteria needs be averagely meet in 5 years. So if they are getting 50,000 premium in first year then next year if you get 1,50,000. Finally first 5 years premium and life will be checked and it will need to be 5,00,000 (1 lac x 5 years) and 60 (12X 5 years) life.
If you have any other question, pls ask.
The road to success??.. Is always under construction.
Good Info - CopyCat. Thanks for sharing with all of us.
Thanks CopyCat!
See attachment for LIC Minimum Business Requirement.
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