Is it compulsory to sell minimum policy for each year to continue as LIC Agent?

[Vikram]

Is it compulsory to sell minimum policy for each year to continue as LIC Agent? Or will the license be cancelled?

If we don’t get any policy then what happen?

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[tigershark]

Minimum business – You need to do is 12 lives (12 policies of different people) and total minimum premium of 1 lakh in one year.
The year is defined as Agency Year,(E.g. If agent took agency in the month of July’2011, The Agency Year would be July’2011 – July’2012 )
If you are not able to achieve minimum business, then your agency will be terminated.
It can be reinstated with certain conditions.