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Thread: LIC agency : Not met minimum premium target, what should i have to do to start LIC Business again?

  1. #1
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    Default LIC agency : Not met minimum premium target, what should i have to do to start LIC Business again?

    I have LIC agency for 1st year. If I will not achieve minimum premium target of Rs 100.000/- (Not met minimum premium target). What should i have to do to again do LIC Business again?




  2. #2
    PW Expert MTG's Avatar
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    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.

    Source - PW.com

  3. #3
    Moderator Expert's Avatar
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    Minimum Business Guarantee (Minimum amount of Business) to be fulfilled by the Agents - (Ref: Mktg/ZD/16/2009 24.07.2009)

    Attachment 761
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    Self Appointed Financial Expert


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