Whether my LIC agency will be cancelled?

[sangita]

I am lic agent from last 3 years. I have made about 100 policy's but this year due to some personal reasons I could have made only 6 policy, so I would like to know whether my agency will be cancelled & what about the policy's that I have made till today will I get commission of that.

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[Master]

I am lic agent from last 3 years. I have made about 100 policy's but this year due to some personal reasons I could have made only 6 policy, so I would like to know whether my agency will be cancelled & what about the policy's that I have made till today will I get commission of that.

As you have completed or going to complete 3 years, so you would come under 'e' section of the MBG Rules.

Check these two links - First Link & Second Link

[Master]

To get agency commission for life time of the policies (which you had sold), you need to work for minimum 5 years.
But, just for your info, this thing (life time commission) is also going to change as IRDA is working on a new rule for orphan policies.